Explanation

FATF (Financial Action Task Force):

• Headquarters: Paris, France
• Purpose: To combat money laundering and terrorism financing
• Official Languages: English & French
• Full Member Countries: 37
• Full Member Organizations: 2
• Total Members: 39

Last verified on 10-03-2026

Explanation

Tedros Adhanom replaced Margaret Chan as 8th DG WHO in 2017.

Tedros Adhanom belongs: Ethiopia.

Last updated on 12-05-2026

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Explanation

• The IMF Stand-By Arrangement (SBA) provides short-term financial assistance to countries facing balance of payments problems.
• It is given with strict economic conditions and reforms.

Additional information:

• IMF stands for International Monetary Fund.
• It was established in 1944 (Bretton Woods Agreement).
• Headquarters: Washington D.C., USA

Last verified on 11-05-2026

Explanation

• The International Monetary Fund (IMF) was created to ensure global financial stability.
• Its main purpose is to maintain stable exchange rates and support international economic cooperation.
• It also helps countries facing economic difficulties.

Additional information:

• IMF was established in 1944 (Bretton Woods Conference).
• Headquarters: Washington, D.C., USA
• Member countries: 190+ countries

Last verified on 10-05-2026

Explanation

The International Finance Corporation (IFC)

• Headquarters: Washington, D.C.
• Country: United States of America
• Established: 1956
• Parent organization: World Bank Group
• Main role: Promoting private sector investment in developing countries

Last verified on 10-05-2026