1. To promote co-operation in monetary matters among member countries.
  2. To provide short-term credit to member countries having balance of payment problems.
  3. To promote exchange rate stability among member countries. 
  4. To establish an avenue for facilitating easy payments of export goods and services.
  5. To encourage and promote free trade among member Countries.
  6. To promote a high level employment opportunities and real income of member states.

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