- A sum of USD 1.17 billion for the 7th and 8th tranches has been approved by the IMF.
- In an executive meeting in Washington, the Board completed the review and the bailout package was approved.
- IMF is an international financial organization that was formed as a part of the Bretton Woods Conference in 1944.
- It became operational on 27th Dec. 1945 and is primarily responsible for securing global financial stability and promoting international trade.
- The headquarters of the IMF is in Washington DC.
Question:
Q.1 The headquarters of the IMF is in?a. Geneva
b. Nairobi
c. Paris
d. Washington DC
