current affairs MCQ #4909

Which IMF program preceded the 2019 Extended Fund Facility that Pakistan secured?

current affairs MCQ #4909

  1. Question 1

    Q1. Which IMF program preceded the 2019 Extended Fund Facility that Pakistan secured?

    • A) 2013 Extended Fund Facility
    • B) 2010 Stand-By Arrangement
    • C) 2008 Emergency Financing
    • D) 2015 Rapid Credit Facility

    Answer: 2013 Extended Fund Facility

    Explanation: The 2019 EFF was preceded by the 2013 Extended Fund Facility of approximately SDR 4.39 billion ($6.6 billion), which helped Pakistan stabilize its economy under the first PML-N government.