When Kenya suffered a severe drought in 2000, the International Monetary Fund (IMF) helped with a $52
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When Kenya suffered a severe drought in 2000, the International Monetary Fund (IMF) helped with a $52 million loan. The IMF helps promote a healthy world economy through exchange rate stability, the growth of international trade, and monitoring economic developments. Its members can get technical advice and training or financial assistance to correct underlying economic problems.
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Summarize benefits available to IMF members.
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Here we see that the benefits for members of the IMF are that they can get technical advice a...View the full answer
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