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Andorra Joins IMF as its 190th Member

Sumit Arora Published On October 24th, 2020 Leave a comment

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Andorra has joined the International Monetary Fund (IMF), to become its 190th member. Andorra is a microstate situated between France and Spain. However, it is the largest microstate in Europe.

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IMF’s Membership allows the Andorran government to benefit from IMF policy advice, especially as the country tackles the crisis caused by COVID-19 and can now receive an annual review or “health check” of its economy by the IMF, tap technical assistance, and access IMF lending if needed.

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Capital of Andorra: Andorra la Vella.
The currency of Andorra: Euro.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.