Meaning of the word "International Monetary Fund" in English

What does "International Monetary Fund" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

International Monetary Fund

US /ˌɪntərˈnæʃnəl ˈmɑnɪtɛri fʌnd/
UK /ˌɪntəˈnæʃnəl ˈmʌnɪtəri fʌnd/
"International Monetary Fund" picture

Noun

an international organization headquartered in Washington, D.C., consisting of 190 countries 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

Example:
The International Monetary Fund provides financial assistance to countries in need.
Discussions with the International Monetary Fund are ongoing regarding economic reforms.
Synonym: