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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.
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World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026
The IMF forecasts weak eurozone growth and stubborn inflation as energy shocks deepen, while an AI-driven trade boom helps sustain global activity.
Global economic growth is set to slow this year before mounting a modest recovery next year, according to the International Monetary Fund