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The objectives of International Monetary Fund(I.M.F) include;
1: To promote international monetary co-operation through a permanent institution.
2: To facilitate the expansion and balanced growth of international trade and to concentrate merely on promotion and maintenance of high level of employment in member countries.
3: To assist in establishment of multilateral system of payment in respect of current transactions between different members and in the elimination of foreign exchange restrictions.
4: To promote exchange stability in order to maintain exchange arrangements among members and to avoid competitive exchange depreciation.
5: To reduce the dis-equilibrium in the international balnce of payments of members .
Bom answered the question on March 24, 2018 at 09:52
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