IMF Presentation Dr. Mohamed Hesham Mansour Mohamed Eisa International Marketing George Demian Enas Fawzy Presented By : Wael Ahmed Waleed Abd El-Shafy Amr Alaa Mohamed Ali

IMF Presentation  IMF Highlights - The International Monetary Fund Organization (IMF) was established more than 60 years ago right after the second world war. - The number of members are 187 countries. - The IMF Headquarter is located in Washington DC

IMF Presentation  IMF Original Aims : - The founders aimed to build a framework for economic cooperation that would avoid a repetition of the disastrous economic policies that had contributed to the Great Depression of the 1930s and the global conflict that followed.

IMF Presentation  IMF Objectives : - provide a forum for cooperation on international monetary problems. - facilitate the growth of international trade, thus promoting job creation, economic growth, and poverty reduction. - promote exchange rate stability and an open system of international payments. - lend countries foreign exchange when needed.

IMF Presentation  IMF Activities : - policy advice to governments and central banks based on analysis of economic trends and cross- country experiences. - research, statistics, forecasts, and analysis based on tracking of global, regional, and individual economies and markets. - loans to help countries overcome economic difficulties.

IMF Presentation  IMF Activities : - Surveillance, On a regular basis, usually once each year, the IMF conducts in depth appraisals of each member country's economic situation - technical assistance and training to help countries improve the management of their economies.

IMF Presentation  IMF Structure : - The IMF has a management team and 17 departments that carry out its country, policy, analytical, and technical work. - One department is charged with managing the IMF's resources.

IMF Presentation  IMF Current Management Team : - Dominique Strauss-Kahn, a French national, became theDominique Strauss-Kahn IMF's tenth Managing Director in November Previously, he was the Finance Minister of France during John Lipsky, an American, has been First DeputyJohn Lipsky Managing Director since September Before coming to the IMF, he worked for JPMorgan Investment Bank.

IMF Presentation  IMF Current Management Team : - Murilo Portugal, from Brazil, became Deputy ManagingMurilo Portugal Director of the IMF in December From 2005 to 2006, he was Brazil's Deputy Minister of Finance. - Naoyuki Shinohara, a Japanese national, joined the IMFNaoyuki Shinohara as Deputy Managing Director in March Previously, he was Japan's Vice-Minister of Finance for International Affairs.

IMF Presentation  Joining the IMF membership : - To become a member, a country must apply and then be accepted by a majority of the existing members. - Upon joining, each member of the IMF is assigned a quota, based broadly on its relative size in the world economy. - 25% from the quota must be paid to the IMF with SDR’s or with the one of the four main currencies ( $, €, £ or ¥ ).

IMF Presentation  Joining the IMF membership : - SDR’s ( Special drawing rights ), is the currency of the IMF, it was created in 1970, also called paper gold but it’s neither Paper nor gold, it’s an accounting entry to coincide the members currencies with USD as the principle currency. - The other 75% from the quota could be paid to the IMF with the local currency of the members.

IMF Presentation  Voting Power : - The quota largely determines a member's voting power in IMF decisions. - Each IMF member has 250 basic votes plus one additional vote for each SDR 100,000 of quota. - The biggest Percent of votes goes to USA nearly 16.7% from the total voting power of all members.

IMF Presentation  Differences between IMF and World bank : - IMF is basically concerned with macroeconomic and financial sector issues. - World bank is concerned mainly with longer-term development and poverty reduction. - IMF and World bank are complementing each other's work. - Countries must join the IMF to be eligible for World Bank membership.

IMF Presentation Thank You