Andorra Joins IMF as its 190th Member

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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.

Important takeaways for all competitive exams:

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

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.