IMF recession refers to a period of economic decline characterized by a decrease in gross domestic product (GDP), employment, and trade. During an IMF recession, a country may seek assistance from the International Monetary Fund (IMF), a global organization that provides financial assistance and advice to its member countries. The IMF may provide loans and make recommendations for economic reforms to help the country restore stability and growth. An IMF recession can result from a variety of factors, including financial crisis, government debt, or economic mismanagement. The IMF's role in supporting countries during a recession has been the subject of much debate, with some arguing that its strict lending conditions can worsen economic conditions for the country and its citizens.