The Congress is the IMF's highest authority. It meets every four years to establish the broad lines of all policies and actions, including the Rules governing the Federation (click here to download a pdf-version of the IMF Rules). The Congress also elects the President and General Secretary of the IMF.

The Central Committee is responsible for all policies and actions between congresses. It meets every second year and all affiliates are members.

The Executive Committee is elected by the Central Committee. It is made up of 25 members. It meets at least twice a year and is representing the major regions of the world.

The Finance Committee is made up of four members of the Executive Committee, plus the President and General Secretary. The committee discusses and makes recommendations to the Executive Committee on such issues as long-term financial planning, analysis of IMF income needs and review of the annual budget.

Four elected auditors watch over income and expenditure.

The Secretariat implements decisions by organs of the Federation. It is composed of the General Secretary, Assistant General Secretaries and Staff.

The IMF head office, where the Secretariat is located, is in Geneva, Switzerland, where worldwide activities are coordinated with a network of regional offices:

• Africa - Johannesburg, South Africa
• South Asia - New Delhi, India
• Southeast Asia - Kuala Lumpur, Malaysia
• Latin America & the Caribbean - Montevideo, Uruguay 
• CIS countries - Moscow, Russia.