Who is IMF Secretary General?
Who is IMF Secretary General?
The current managing director (MD) and Chairwoman of the IMF is Bulgarian economist Kristalina Georgieva, who has held the post since October 1, 2019. Gita Gopinath, who previously served as Chief Economist was appointed as First Deputy Managing Director, effective January 21, 2022.
Who is the supreme body in IMF?
The Board of Governors
Related Links. The Board of Governors is the highest decision-making body of the IMF. It consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is usually the minister of finance or the head of the central bank.
Who are the main members of the IMF?
March 14, 1950; Poland was readmitted as a member of the Fund on June 12, 1986….List of Members.
| Membership of the IMF (Date of entry into force: December 27, 1945) Chronological List (190 Member Countries) | |
|---|---|
| Member | Effective Date of Membership |
| Bolivia1 | December 27, 1945 |
| Canada1 | December 27, 1945 |
| China1 | December 27, 1945 |
Who is the last member of IMF?
Washington, DC: The Principality of Andorra joined the International Monetary Fund (IMF) today when Ambassador Elisenda Vives Balmaña signed the IMF’s Articles of Agreement at a ceremony in Washington D.C. Andorra had applied for membership to the IMF in January 2020 (See Press Release 20/5 ).
Who is representative of India in IMF?
India is represented at the IMF by an Executive Director, currently Dr. Rakesh Mohan, who also represents three other countries as well, viz. Bangladesh, Sri Lanka and Bhutan.
What is IMF code?
The IMF’s Fiscal Transparency Code (the Code) is the international standard for disclosure of information about public finances. The IMF’s Fiscal Transparency Evaluations (FTEs), which are based on the Code, support member countries in strengthening fiscal surveillance, accountability, and management.
How many countries are in IMF?
190 countries
The International Monetary Fund (IMF) 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.
What is the Board of Governors of the IMF?
The Board of Governors is the highest decision-making body of the IMF. It consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is usually the minister of finance or the head of the central bank.
Who was the first Managing Director of the IMF?
H. Johannes Witteveen, from the Netherlands, was Managing Director from September 1, 1973 to June 16, 1978 Pierre-Paul Schweitzer, from France, was Managing Director from September 1, 1963 to August 31, 1973 Camille Gutt, from Belgium, served as the IMF’s first Managing Director from May 6, 1946 to May 5, 1951
Who is the new Secretary of the International Monetary Fund?
Washington, DC – Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to name Mr. Ceda Ogada as the Secretary of the Fund and Director of the Secretary’s Department. Mr. Ogada succeeds Mr. Jianhai Lin, whose retirement was announced previously [ link ].
Which countries are members of the IMF?
four emerging market countries (Brazil, China, India, and Russia) will be among the ten largest members of the IMF. Other top 10 members are the United States, Japan, Germany, France, the United Kingdom and Italy. The IMF’s quota system was created to raise funds for loans.