Individual consultations to form assessments of global and regional developments and prospects

Technical assistance and training are offered — mostly free of charge — to help member count

Ries strengthen their capacity to design and implement effective policies. Technical assistance is

Offered in several areas, including fiscal policy, monetary and exchange rate policies, banking and

Financial system supervision and regulation, and statistics.

— In the event that member countries do experience difficulties financing their balance of payments,

The IMF is also a fund that can be tapped to help in recovery.

Financial assistance is available to give member countries the breathing room they need to correct

Balance of payments problems. A policy program supported by IMF financing is designed by

The national authorities in close cooperation with the IMF, and continued financial support is

Conditional on effective implementation of this program.

— The IMF is also actively working to reduce poverty in countries around the globe, independentl

Y and in collaboration with the World Bank and other organizations.

The IMF provides financial support through its concessional lending facility — the Poverty

Reduction and Growth Facility (PRGF) — and through debt relief under the Heavily Indebted

Poor Countries (HIPC) Initiative.