International Monetary Fund (IMF)

The International Monetary Fund (IMF) was born as one of the institutions of the Agreements of the Bretton Woods Conference, 1944, held in New Hampshire, United States, at the Bretton Woods Hotel. The International Monetary Fund (IMF) is one of the specialized bodies of the United Nations whose main objective is to help the growth of the economy of States, with an emphasis on the balance of payments. Although on different occasions the International Monetary Fund (IMF) has been criticized for its agreements, since they tend to impose restrictions on States to the detriment of their population, considering agreements that border on the abusive. The International Monetary Fund is headquartered in Washington DC, United States. The IMF is really the body of the Bretton Woods system, assimilating itself to the characteristics of a bank.