1 / 14

IMF Presentation

IMF Presentation. Dr. Mohamed Hesham Mansour Mohamed Eisa International Marketing George Demian Enas Fawzy Presented By : Wael Ahmed Waleed Abd El- Shafy

lilka
Download Presentation

IMF Presentation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. IMF Presentation Dr. Mohamed Hesham Mansour Mohamed Eisa International Marketing George Demian Enas Fawzy Presented By : Wael Ahmed Waleed Abd El-Shafy Amr Alaa Mohamed Ali

  2. IMF Presentation • IMF Highlights - The International Monetary Fund Organization (IMF) was established more than 60 years ago right after the second world war . - The number of members are 187 countries . - The IMF Headquarter is located in Washington DC

  3. IMF Presentation • IMF Original Aims : - The founders aimed to build a framework for economic cooperation that would avoid a repetition of the disastrous economic policies that had contributed to the Great Depression of the 1930s and the global conflict that followed .

  4. IMF Presentation • IMF Objectives : - provide a forum for cooperation on international monetary problems . - facilitate the growth of international trade, thus promoting job creation, economic growth, and poverty reduction. - promote exchange rate stability and an open system of international payments. - lend countries foreign exchange when needed.

  5. IMF Presentation • IMF Activities : - policy advice to governments and central banks based on analysis of economic trends and cross-country experiences. - research, statistics, forecasts, and analysis based on tracking of global, regional, and individual economies and markets . - loans to help countries overcome economic difficulties .

  6. IMF Presentation • IMF Activities : - Surveillance , On a regular basis , usually once each year , the IMF conducts in depth appraisals of each member country's economic situation - technical assistance and training to help countries improve the management of their economies.

  7. IMF Presentation • IMF Structure : - The IMF has a management team and 17 departments that carry out its country, policy, analytical, and technical work. - One department is charged with managing the IMF's resources.

  8. IMF Presentation • IMF Current Management Team : - Dominique Strauss-Kahn, a French national, became the IMF's tenth Managing Director in November 2007. Previously, he was the Finance Minister of France during 1997-99. - John Lipsky, an American, has been First Deputy Managing Director since September 2006. Before coming to the IMF, he worked for JPMorgan Investment Bank.

  9. IMF Presentation • IMF Current Management Team : - MuriloPortugal, from Brazil, became Deputy Managing Director of the IMF in December 2006. From 2005 to 2006, he was Brazil's Deputy Minister of Finance. - NaoyukiShinohara, a Japanese national, joined the IMF as Deputy Managing Director in March 2010. Previously, he was Japan's Vice-Minister of Finance for International Affairs.

  10. IMF Presentation • Joining the IMF membership : - To become a member, a country must apply and then be accepted by a majority of the existing members . - Upon joining, each member of the IMF is assigned a quota , based broadly on its relative size in the world economy . - 25% from the quota must be paid to the IMF with SDR’s or with the one of the four main currencies ( $ , € , £ or ¥ ) .

  11. IMF Presentation • Joining the IMF membership : - SDR’s ( Special drawing rights ) , is the currency of the IMF , it was created in 1970 , also called paper gold but it’s neither Paper nor gold , it’s an accounting entry to coincide the members currencies with USD as the principle currency . - The other 75% from the quota could be paid to the IMF with the local currency of the members .

  12. IMF Presentation • Voting Power : - The quota largely determines a member's voting power in IMF decisions. - Each IMF member has 250 basic votes plus one additional vote for each SDR 100,000 of quota. - The biggest Percent of votes goes to USA nearly 16.7% from the total voting power of all members.

  13. IMF Presentation • Differences between IMF and World bank : - IMF is basically concerned with macroeconomic and financial sector issues . - World bank is concerned mainly with longer-term development and poverty reduction . - IMF and World bank are complementing each other's work . - Countries must join the IMF to be eligible for World Bank membership.

  14. IMF Presentation Thank You

More Related