Andorra has joined the International Monetary Fund (IMF), to turn into its one hundred and ninetieth member. Andorra is a microstate located between France and Spain. However, it’s the largest microstate in Europe.
IMF’s Membership permits the Andorran authorities to profit from IMF coverage recommendation, particularly because the nation tackles the disaster brought on by COVID-19 and might now obtain an annual overview or “health check” of its economic system by the IMF, faucet technical help, and entry IMF lending if wanted.
Important takeaways for all aggressive exams:
- Capital of Andorra: Andorra la Vella.
- The foreign money of Andorra: Euro.
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