Denmark contributes to a strong IMF

Analysis - May 2017 - No. 7

Authors Danmarks Nationalbank
Subject International cooperation; Financing the IMF; International Monetary Fund - IMF; Organisation of the IMF; Resources of the IMF; Special Drawing Rights - SDR; Tasks of the IMF; The International Monetary Fund
Type Analysis
Year 2017
Published 11 May 2017
The main objective of the International Monetary Fund, IMF, is to promote global economic and financial stability. A well-functioning IMF with sufficient funding is a prerequisite for solving this task. A strong IMF is a matter of Danish interest, as Denmark is a small, open economy and therefore highly dependent on and exposed to external conditions. Over the last decade Denmark, via Danmarks Nationalbank, has increased its total commitments to the IMF. Risks associated with loans to the IMF are extremely low due the high creditworthiness of the IMF.