InternationalMonetaryFund Outlook IntroductionStructurePurposeFunctionTherelationshipwithChinaPrivilege Introduction Abbreviation IMFFMIFormation Formally27December1945 67yearsago Type InternationalFinancialOrganizationHeadquarters Washington D C UnitedStates Introduction Membership 29countries founding 188countries todate Officiallanguages English French andSpanishManagingDirector ChristineLagardeMainorganBoardofGovernorsWebsitewww imf org Structure boardofgovernors executiveboard managingdirector permanentfunctionaldepartment 1 5 year2 topdecision making3 adirectorandvicedirector 1 2years2 apermanentdepartment3 22executivedirectors 16functionaldepartment 2permanentoverseasbusiness 5yearsthetopchairexecutivemanagethedailyroutine Purpose Promotetheinternationalfinancial monetarycooperation internationaleconomicintegrationMaintaintheinternationalexchangerateorderEstablishamultilateralsystemofpayments Function FormulatemonetarypolicyProvidetheEmergencyfinancingIncreaseinternationalcurrencycooperation TheRelationshipbetweenChina IMF Oneofthefoundingcountry executivedirector SpecialDrawingRight SDR AkindofextrasupplementexcepttheGeneralDrawingRightsOneofthereserveassetsandunitofaccount calledPaperGold Privilege Thanks