Centuries-Old Principality Set to Become IMF’s Youngest Member
The Gutenberg Castle in Balzers, Liechtenstein.
Photographer: Jan Hetfleisch/Getty ImagesLiechtenstein, the world’s second-richest country, is set to become the newest member of the International Monetary Fund.
The 300-year old principality wedged between Austria and Switzerland has met all conditions for joining the international organization, according to the Vaduz-based government. The announcement caps a year-long application process.