current affairs MCQ #6816

Which IMF facility type is specifically designed for countries with balance of payments problems needing medium-to-long-term structural reforms?

current affairs MCQ #6816

  1. Question 1

    Q1. Which IMF facility type is specifically designed for countries with balance of payments problems needing medium-to-long-term structural reforms?

    • A) Stand-By Arrangement
    • B) Rapid Financing Instrument
    • C) Resilience and Sustainability Facility
    • D) Extended Fund Facility

    Answer: Extended Fund Facility

    Explanation: The Extended Fund Facility (EFF) provides medium-to-long-term balance of payments support to countries undertaking deep structural reforms; Pakistan's current IMF programme is an EFF, distinct from shorter-term Stand-By Arrangements.