The International Monetary Fund (IMF) was established on December 27, 1945. It is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF’s primary purpose is to ensure the stability of the international monetary systemâthe system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The IMF does this by providing loans to countries in financial difficulty, and by giving policy advice to governments. The IMF also works to promote international trade by providing technical assistance to countries and by helping to resolve trade disputes. The IMF is headquartered in Washington, D.C., United States.
Option A is the correct answer. The IMF was established on December 27, 1945.
Option B is incorrect. The IMF was not established in 1946.
Option C is incorrect. The IMF was not established in 1947.
Option D is incorrect. The IMF was not established in 1950.