IMF in History

Historical Events


Conference meetingConference of Interest

1944-07-01 Bretton Woods Conference starts, dominated by Harry Dexter White and John Maynard Keynes and leads to establishment of the IMF and the World Bank

  • 1944-07-23 Conference of Bretton Woods signed; IMF operations begin
  • 1955-10-01 Piet Lieftinck becomes director v/h IMF (World bank)
  • 1964-11-08 IMF grants Great Britain credit of $1 billion
  • 1973-08-01 H J Witteveen appointed as director of IMF
  • 1974-06-13 IMF establishes its "oil facility", a special fund for loans to nations whose balance of payments have been severely affected by high oil prices
  • 1982-11-10 IMF lends Mexico $3.8 billion due to threatened bankrupcy
  • 2000-09-26 Anti-globalization protests in Prague (some 20,000 protesters) turned violent during the IMF and World Bank summits.
  • 2005-12-15 Argentina's president Néstor Kirchner announces the early repayment of its external debt to the IMF.
  • 2008-10-24 Iceland receives a £1.3 billion bailout package from the International Monetary Fund (IMF), 1st European country to require an emergency loan as a result of the financial crisis

Electoral defeatElection of Interest

2011-06-28 Christine Lagarde becomes the 1st women to be elected head of the International Monetary Fund (IMF)

Lawyer, Politician and International Bureaucrat Christine Lagarde
Lawyer, Politician and International Bureaucrat
Christine Lagarde
  • 2013-03-28 Banks in Cyprus re-open after having been closed for two weeks; the government agrees a 10 billion euro bailout deal with the EU and IMF
  • 2014-02-23 A pro-Euromaidan rally is held in Simferopol, Ukraine, while in Kerch, protesters attempt to replace the Ukrainian flag from city hall with a Russian flag
  • 2014-05-27 The director of the International Monetary Fund (IMF) Christine Lagarde calls for "tougher regulation and tighter supervision" of banking sector
  • 2018-05-09 Argentina announces talks with the IMF amid a new financial crisis with interest rates at 40%
  • 2018-06-08 IMF agrees to lend Argentina up to 50 billion dollars
  • 2018-06-25 General Strike in Argentina in response to austerity measures required by an IMF loan
  • 2019-09-25 Bulgarian economist Kristalina Georgieva named as the new head of the IMF

Famous Birthdays

  • 1921-06-12 Hendrik Witteveen, Dutch economist, Minister of Finance (1963–65; 1967–71), born in Zeist, Netherlands

Person of interestRobert Muldoon

1921-09-25 Robert Muldoon, New Zealand politician (Prime Minister, 1975-1984), born in Auckland (d. 1992)

New Zealand Prime Minister Robert Muldoon
New Zealand Prime Minister
Robert Muldoon
  • 1953-08-13 Kristalina Georgieva, Bulgarian economist, Head of the IMF (2019-), born in Sofia, Bulgaria

Person of interestChristine Lagarde

1956-01-01 Christine Lagarde, French lawyer and politician, 1st female head of the IMF, born in Paris

Lawyer, Politician and International Bureaucrat Christine Lagarde
Lawyer, Politician and International Bureaucrat
Christine Lagarde

Famous Deaths


Person of interestRobert Muldoon

1992-08-05 Robert Muldoon, New Zealand politician (Prime Minister, 1975-1984), dies at 70

New Zealand Prime Minister Robert Muldoon
New Zealand Prime Minister
Robert Muldoon
  • 1994-01-02 Pierre-Paul Schweitzer, French director of IMF (1963-73), dies at 81