Summary
The IMF was created 80 years ago to promote macroeconomic and financial stability, facilitate a balanced expansion of international trade, and ensure a smooth functioning of the world economy. Even as the world has evolved profoundly, the institution’s mission is as relevant today as it was then. At this time of great flux in the world economy, when policymakers are focused on the immediate fallout from the trade issues, this Global Policy Agenda sets a high-level roadmap to ensure that the IMF continues to serve as a trusted advisor to policymakers, a reliable lender of last resort during crises to resolve balance of payments problems, a champion of strong policy frameworks, and a convener to confront common economic challenges. As we continuously adapt to changing conditions, we will remain engaged with our members to meet their needs over the medium and long term.