International Monetary Fund IMF

The main task of the IMF is to monitor the economic policies of its member states. It thereby contributes to the stability of the international financial and monetary system. The IMF also offers its member countries technical assistance and training opportunities to help them in formulating and implementing an effective economic and financial sector policy. These activities are geared towards crisis prevention.  

Where crises nevertheless arise, the IMF helps the affected member countries by way of comprehensive financial assistance and the development of reform programmes for monetary, budgetary and financial sector policies. At present, 189 nations worldwide are members of the IMF. This gives the institution a high degree of legitimacy.

Within the IMF, Switzerland heads a constituency including Azerbaijan, Kazakhstan, Kyrgyzstan, Poland, Serbia, Tajikistan, Turkmenistan and Uzbekistan. Through its seat on the Executive Board, Switzerland is a decision-maker within the IMF.

Switzerland advocates that the IMF focus on its mandate and remain transparent. In addition to compliance with clear rules and principles, this includes the ability to react quickly to changing framework conditions. Only in this way can the IMF remain a credible, potent and financially solid institution that treats its members equally.

Particularly in the IMF, Switzerland is simultaneously working on ensuring the member states' monetary, budgetary, debt and financial sector policies are geared towards sustainability. 

In this way, it is making a constructive contribution to the design of the international financial system. 

 

Further information

Last modification 02.09.2019

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