International Monetary Fund

International Monetary Fund

1. Switzerland

   • Permanent seat on the Executive Board
   • Represents a constituency of eight member states in the IMF
   • Pays specific attention to poverty reduction and balancing economic growth

2. Egypt

   • an agreement for a $4.8 billion loan in November 2012
   • major structural effect of the IMF loan: an increase in foreign investment
   • remedies on the education program
   • causes a widening of overall poverty while enriching mostly Egyptian elites

3. Haiti

   • Marshall Plan- international effort to support the desire of the Haitian authorities to rebuild the country and its democracy
     • helping the Haitian authorities in circulating money for Haitians to buy food
       • help rebuild businesses and encourage guarantees for the banking sector so that loans can be established

4. Somalia

   • IMF will assist in the rebuilding of the economy in Somalia in coordination with the Somali government (June 24, 2013)

5. Brazil

   • The IMF predicts that Brazil will not grow very much in the next year