Question
Outline four roles of International Monetary Fund (I.M.F.)
Answer
(i) Offer loans to member countries.
(ii) Give technical advice and support.
(iii) Maintenance of stable exchange rate.
(iv) Give member countries debt receipt.
(v) Provide sufficient international liquidity.
(vi) Promote consultation and cooperation.
(vii) Assisting member countries with balance of payment deficits.
(ii) Give technical advice and support.
(iii) Maintenance of stable exchange rate.
(iv) Give member countries debt receipt.
(v) Provide sufficient international liquidity.
(vi) Promote consultation and cooperation.
(vii) Assisting member countries with balance of payment deficits.
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