The Treasury Department leads the U.S. Government's engagement in the International Monetary Fund (IMF). The IMF is an organization of 188 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The Secretary of the Treasury serves as the U.S. Governor to the IMF, and the U.S. Executive Director of the IMF is one of 24 directors who exercise voting rights over the strategic direction of the institution. The U.S. is the largest shareholder in the Fund. Meg Lundsager is currently the U.S. Executive Director.
U.S. Votes on IMF Country Programs
Following are links to the U.S. vote records since 2004. They show the program country, amount, type of program, and the U.S. position on the program.
Reports to Congress on IMF Activities
As requested, the Treasury Department provides Congress with reports on IMF activities and related issues. Following are links to reports on various topics.
- Legislative Mandate Reports:
- Report to Congress on Ways to Improve the Effectiveness of the IMF
- Cost of Participation Reports:
- Reports on IMF Foreign Exchange Surveillance:
- Report to Congress on IMF and World Bank Collaboration and IMF Accountability: July 2009
- Social Expenditure Mandate Report for Senator Brown: July 2009
- Report to Congress on SDR Use -- August 2010
- Reports on IMF arrangements with certain countries
Article IV Consultation