what is the purpose of international monetary fund
1 The main purpose of the International Monetary Fund is to create an economic system that can instill stability and growth in the world economy by economic cooperation among the nations.2  It aims at establishing exchange rate stability, and elimination of the shortage of international liquidity. The main purpose of the International Monetary Fund is to create an economic system that can instill stability and growth in the world economy by economic cooperation among the nations. 2  It aims at establishing exchange rate stability, and elimination of the shortage of international liquidity.
The IMFâs responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary systemâthe system of exchange rates and international payments that enables countries (and their citizens) to transact with each other.he IMF, also known as the Fund, was conceived at a United Nations conference convened in Bretton Woods, New Hampshire, United States, in July 1944.