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Financial institution and UN specialized agency
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its stated mission is "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". The IMF acts as a lender of last resort to its members experiencing actual or potential balance of payments crises.
More on Wikipedia ↗The International Monetary Fund (IMF) on Tuesday projected India's economy to grow by 7 per cent in both FY27 and FY28, while warning of a fragile global economic outlook, rising inflation, geopolitical uncertainties and mounting fiscal pressures across major economies. The projection, released in the IMF's October…