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Fund after the seventy-fifth Thursday 27 June 2019 142 Dr.. In the name of Brahimi After the 75th anniversary of the founding of the International Monetary Fund (IMF), the institution that is most exposed to political and procedural controversy due to its macroeconomic role in many crisis-hit countries, it has become necessary to intervene through its descriptions of restructuring policies that have affected the fragile sectors of countries A student of aid, which many of his critics called political subservience to the countries with the largest share of the country, which is actually led by the power of voting, especially the United States. Has the Fund succeeded in its mission for which it was founded? The fund was founded in 1944 in the American city of Bretton Woods after the Second World War, with the aim of strengthening international cooperation, maintaining financial and monetary stability and facing short-term crises. During his career, the IMF was subjected to a number of tests due to international crises that threatened international stability. The policies that followed, especially in the eighties of the last century, which were known as the restructuring policies, provoked a wide debate at the political and academic levels, among those who supported them, viewed their positives and criticized them for their negative effects. The social aspect, because it increases the poverty and unemployment rates and reduce government subsidies for major commodities in an attempt by the fund to reduce the deficit and to correct the imbalance suffered by the countries during the crisis. In the aftermath of the transatlantic crisis, the IMF has re-evaluated the impact of reduced government spending and increased taxes on growth, and its quality of control over financial risks has improved significantly, both in the World Economic Outlook The Global Financial Stability Report also recognized that the liberalization of cross-border capital flows also had risks and benefits, as well as in the context of its work with member countries. "We recognize now that international cooperation is the wisest and most effective way to protect our national interests and achieve common goals," US Treasury Secretary Henry Morgenthau said at the closing session of the Bretton Woods conference.
