Which international organization primarily focuses on promoting global monetary cooperation and securing financial stability?

The International Monetary Fund (IMF) is specifically established to promote global monetary cooperation and ensure financial stability across countries. It works to facilitate international trade, reduce poverty, and foster economic growth through collaboration and financial support. The IMF offers financial advice and technical assistance, helping countries maintain stable exchange rates and avoid detrimental financial crises. Its main role involves monitoring international economies and providing a platform for dialogue among member countries to address economic challenges, thus emphasizing its focus on global financial stability.

The World Bank, while also involved in international development and financial conditions, primarily deals with long-term economic growth and poverty reduction rather than immediate monetary cooperation. The World Trade Organization focuses on regulating international trade and resolving trade disputes, which is distinct from monetary cooperation. Lastly, the United Nations Conference on Trade and Development centers on trade and development issues but does not have a primary mandate related to monetary cooperation or financial stability.