Answer: False
Explanation:
The IMF routinely gathers funds for humanitarian and disaster relief all over the world. For example, the international institution matches donations for developing countries at 50 cents to the dollar.
They usually partner with relief agencies to get help to those who need it the most, such is the case of the victims of floods, earthquakes, disease, and famine, and different humanitarian needs.
The International Monetary Fund is a central bank for all nations of the world, but it is not involved in humanitarian relief or development projects.This statement is False.
The IMF routinely gathers funds for humanitarian and disaster relief all over the world. For example, the international institution matches donations for developing countries at 50 cents to the dollar.
They usually partner with relief agencies to get help to those who need it the most, such is the case of the victims of floods, earthquakes, disease, and famine, and different humanitarian needs.
Learn more about humanitarian relief, refer to the link:
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