Home
Why the IMF was created and how it works
The IMF, also known as the “Fund,” was conceived at a United Nations conference convened in Bretton Woods, New Hampshire, United States, in July 1944. The 44 governments represented at that conference sought to build a framework for economic cooperation that would avoid a repetition of the vicious circle of competitive devaluations that had contributed to the Great Depression of the 1930s.
The IMF’s responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with one other. This system is essential for promoting sustainable economic growth, increasing living standards, and reducing poverty. Following the recent global crisis, the Fund has been clarifying and updating its mandate to cover the full range of macroeconomic and financial sector issues that bear on global stability.
[You must be registered and logged in to see this link.]
PUKmedia 03-01-2012 10:52:11
The Financial; Committee in the Iraqi Parliament, and the International Monterey Fund (IMF), reached an agreement regarding controversial items in the draft law of 2012 budget.
Haitham al- Jobori member of the committee from the State of Law Coalition , in a press statement said that Parliament’s session today, January 03, will witness the first reading of the aforementioned draft law.
The committee reached a settlement over most objections by the International Monetary Fund about the budget., al- Jobori said.
[You must be registered and logged in to see this link.]
Todays Post:
10:31 AM
BAGHDAD - Babinaoz (Reuters) - The member of the Finance Committee, the parliamentary deputy Haitham Jubouri Central Bank to ****increase liquidity to maintain the value of the Iraqi dinar against the U.S. dollar.**** Jubouri said that "Iraqi currency in recent years have seen a fluctuation**** large a decline in the price of the Iraqi dinar against the U.S. dollar ***** This catastrophic economic damage to all citizens.***** "He added Jubouri:" The central bank should take its role in this matter, as the issue price of the dinar based on demand and supply and therefore should increase liquidity****** in order to preserve the value of Iraqi dinar ******and offset the U.S. dollar.***** " He explained: "it is necessary to do no harm to the Iraqi dinar and the national economy as a whole before the adoption of the budget in 2012,***** in order that determined the budget the right way,"***** noting that the volatility prices borne by the central bank currency, and traders. "
[You must be registered and logged in to see this link.]
The IMF, also known as the “Fund,” was conceived at a United Nations conference convened in Bretton Woods, New Hampshire, United States, in July 1944. The 44 governments represented at that conference sought to build a framework for economic cooperation that would avoid a repetition of the vicious circle of competitive devaluations that had contributed to the Great Depression of the 1930s.
The IMF’s responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with one other. This system is essential for promoting sustainable economic growth, increasing living standards, and reducing poverty. Following the recent global crisis, the Fund has been clarifying and updating its mandate to cover the full range of macroeconomic and financial sector issues that bear on global stability.
[You must be registered and logged in to see this link.]
PUKmedia 03-01-2012 10:52:11
The Financial; Committee in the Iraqi Parliament, and the International Monterey Fund (IMF), reached an agreement regarding controversial items in the draft law of 2012 budget.
Haitham al- Jobori member of the committee from the State of Law Coalition , in a press statement said that Parliament’s session today, January 03, will witness the first reading of the aforementioned draft law.
The committee reached a settlement over most objections by the International Monetary Fund about the budget., al- Jobori said.
[You must be registered and logged in to see this link.]
Todays Post:
10:31 AM
BAGHDAD - Babinaoz (Reuters) - The member of the Finance Committee, the parliamentary deputy Haitham Jubouri Central Bank to ****increase liquidity to maintain the value of the Iraqi dinar against the U.S. dollar.**** Jubouri said that "Iraqi currency in recent years have seen a fluctuation**** large a decline in the price of the Iraqi dinar against the U.S. dollar ***** This catastrophic economic damage to all citizens.***** "He added Jubouri:" The central bank should take its role in this matter, as the issue price of the dinar based on demand and supply and therefore should increase liquidity****** in order to preserve the value of Iraqi dinar ******and offset the U.S. dollar.***** " He explained: "it is necessary to do no harm to the Iraqi dinar and the national economy as a whole before the adoption of the budget in 2012,***** in order that determined the budget the right way,"***** noting that the volatility prices borne by the central bank currency, and traders. "
[You must be registered and logged in to see this link.]
....hopefully we are in the presence of starting of the revaluation. 
