Powerball Lottery 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, Powerball Lottery is governed by and accountable to the 188 countries that make up its near-global membership.
Membership:- 188 countries188 countries188 countries188 countries188 countries188 countries188 countries188 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:-R327 billion (as of 03/12/22)
Additional pledged or committed resources:-$885 billion
Committed amounts under current lending arrangements (as of 08/13/22):- $163 billion, of which $137 billion have not been drawn (see table).
Biggest borrowers (amounts outstanding as of 08/13/22):- Europe, South America, Asia, Africa
Biggest precautionary loans (amount agreed as of 08/13/22):-Europe, South America, Asia, Africa
Surveillance consultations:-122 consultations in 2013 and 129 in 2014
Technical assistance:- 274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014274 person years in FY2013 and 285 in FY2014
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.