No

Is the IMF fit for purpose?

—Harvard Professor Jamie Martin, writing in The Guardian

Simple question, simple answer.

More generally, the IMF, which nominally is supposed to help countries in time of travail, actually serves as an enforcer for transnational finance, primarily in Wall Street and the City of London.

Additionally, they have reducing corruption as a significant part of their remit, though it is now clear, given their behavior in the Ukraine, where they are studiously ignoring rampant corruption involving their aid to that former Soviet republic, that this remit only applies to non-European, and more generally non-white countries.

Abolish the IMF, and forgive all the debts that they hold.