The International Monetary Fund (IMF) was founded on

The International Monetary Fund (IMF) was formally established in 1945 after the Bretton Woods Conference of 1944. It began operations in 1947 with the goal of promoting international monetary cooperation; exchange stability; balanced trade growth; and financial assistance to countries in need. Headquartered in Washington; D.C.; the IMF today includes nearly every country in the world as a member. It plays a central role in stabilizing economies during financial crises by offering policy advice; funding support; and economic surveillance.