The International Monetary Fund (IMF) is an international organization founded in 1944 at the Bretton Woods Conference and officially created by 29 member countries on 27 December 1945. A system of Fixed exchange rates established in the Bretton Woods Agreement where each country sets the IMF nominal value for the gold-based currency and the US dollar. Due to the fact that the dollar has been fixed at 35 dollars per ounce of gold, the face value is also the same regardless of the gold or dollars used as the basis. When the IMF moved to greater exchange rate flexibility, nominal values ​​were also eliminated. Thanks to the existence of an economic stabilization program supported by the Fund, the IMF could provide another source of financing to countries that really need it. The funds raised by the IMF have two primary sources such as dues and loans. The funds raised, otherwise known as countries, created the majority of the IMF funds. The size of the share depends, for example, on the importance of the use of budgetary and fiscal policies in the world; countries with the highest financial vitality also have a higher standard. One act to increase IMF resources is the development quota. The IMF also raised loan funds from other member countries. Indeed, the IMF also has credit lines with other major industrial countries and with Saudi Arabia. The IMF can operate through three typologies. One of these is surveillance which involves monitoring economic and financial development, as well as providing advice on policies aimed primarily at crisis prevention. Since the dissolution of the Bretton Woods system of fixed exchange rates in the early 1970s, surveillance has expanded largely through changes in procedures that......changes since the creation of the IMF created. As time passed, the IMF provided financial assistance to help the country deal with increasing short-term trade volatility to support adjustment and various balance of payments problems arising from shocks in trade terms, natural disasters, post -collision, changes in the economic area, poverty eradication and economic development, sovereign debt restructuring and banking and currency confidence crisis. Works Cited (Biagio Bossone, May 2008) 2International Monetary Fund Surveillance: A Case Study on IMF Governance http://www .ieo-imf.org/ieo/files/completedevaluations/05212008BP08_10.pdf http:// www.imf.org/external/work.htmSharma, S.D. (2003), The Asian Financial Crisis: Crisis, Reform and Recovery, (New York: Manchester University Press).