The correct statement regarding the International Monetary Fund (IMF) is: "It grants loans to member countries." The IMF is an international organization with 190 member countries. Its primary purpose is to promote international monetary cooperation and facilitate international trade. The IMF can provide loans to its member countries facing balance of payments difficulties. These loans come with certain conditions and are aimed at helping the country address its economic problems and restore its balance of payments. The IMF can also provide technical assistance to its member countries in areas such as macroeconomic policy, financial sector development, and statistics.