UK membership of the IMF

The International Monetary Fund (IMF), established in 1944 and operational from 1945, is an international financial institution aimed at promoting global monetary cooperation, ensuring exchange rate stability, facilitating balanced growth of international trade, providing resources to help member countries in need, and contributing to global economic stability. Born out of the Bretton Woods Conference, the IMF provides monetary cooperation and financial stability and serves as a forum for advice, negotiation, and assistance on financial issues. It assists its 190+ member countries by offering policy advice, financial assistance, and technical expertise, especially important in times of crises or economic downturns.