current affairs MCQ #6813

Pakistan obtained a $3 billion Stand-By Arrangement from the IMF in 2023. What was its duration?

current affairs MCQ #6813

  1. Question 1

    Q1. Pakistan obtained a $3 billion Stand-By Arrangement from the IMF in 2023. What was its duration?

    • A) 24 months
    • B) 18 months
    • C) 12 months
    • D) 9 months

    Answer: 9 months

    Explanation: The IMF approved a 9-month Stand-By Arrangement for Pakistan in July 2023 worth approximately $3 billion ($2.7 billion SDR equivalent), providing a short-term financial lifeline after a prolonged economic crisis.