current affairs MCQ #6951

What distinguishes the IMF's Resilience and Sustainability Facility (RSF) component that Pakistan sought alongside the EFF in 2024?

current affairs MCQ #6951

  1. Question 1

    Q1. What distinguishes the IMF's Resilience and Sustainability Facility (RSF) component that Pakistan sought alongside the EFF in 2024?

    • A) RSF provides grants rather than loans for infrastructure development
    • B) RSF is exclusively for military and security sector modernization
    • C) RSF has no conditionality unlike the EFF
    • D) RSF provides longer-term concessional financing specifically for climate resilience and sustainable development challenges

    Answer: RSF provides longer-term concessional financing specifically for climate resilience and sustainable development challenges

    Explanation: The RSF is a dedicated IMF facility providing longer-term concessional financing specifically to help members address structural vulnerabilities related to climate change and pandemic preparedness — distinct from standard balance-of-payments support under the EFF.