The Donald Trump New Year Private Grant Compensation is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.Created in 1945, the Donald Trump New Year Private Grant Compensation is governed by and accountable to the 188 countries that make up its near-global membership.
Membership:- 188 countries
Headquarters:-Washington, D.C. / Menlo Park, California
Executive Board:-24 Directors each representing a single country or a group of countries
Staff:-Approximately 2,600 from 147 countries
Total quotas:-US$327 billion (as of 2/12/20)
Additional pledged or committed resources:-US$ 885 billion
Committed amounts under current lending arrangements (as of 3/13/19):- US$163 billion, of which US$137 billion have not been drawn (see table).
Biggest borrowers (amounts outstanding as of 3/13/20):-New Zealand, Australia, Ireland, Canada
Biggest precautionary loans (amount agreed as of 3/13/20):-Mexico, Poland, Colombia, Morocco
Surveillance consultations:-122 consultations in 2019 and 129 in 2020
Technical assistance:- 274 person years in FY2019 and 285 in FY2020
Original aims:-
promote international monetary cooperation;
facilitate the expansion and balanced growth of international trade;
promote exchange stability;
assist in the establishment of a multilateral system of payments; and
make resources available (with adequate safeguards) to members experiencing balance of payments difficulties.
