IMF Approves __________ Latest Tranches Of Loan Program For Pakistan?
Correct answer: A. $1.17 billions
- A. $1.17 billions
- B. $2 billions
- C. $2.5 billions
- D. None of These
Explanation
The IMF approved the release of about $1.17 billion under Pakistan's Extended Fund Facility in August 2022. This amount represented the combined seventh and eighth reviews, rather than a new $2 billion programme.
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About Economy and Budget
Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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509 free Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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