AZ HM2004

Arizona House Memorial urges the President and Congress to withdraw the United States from the International Monetary Fund (IMF) and cease all funding to the organization

Cites U.S. contributions of upwards of $150 billion to the IMF as wasteful spending that should be eliminated as part of broader government efficiency efforts

Argues the IMF lacks accountability, supports corrupt countries, and acts against American interests, including releasing $1 billion to Pakistan despite terrorism concerns

Contends that IMF aid to Pakistan indirectly supports China, described as the top geopolitical rival of the United States, due to the close strategic alliance between Pakistan and China

Directs the Arizona Secretary of State to transmit copies of the memorial to the President, Senate President, House Speaker, and all Arizona members of Congress