current affairs MCQ #7462

What was the total amount of the IMF Stand-By Arrangement (SBA) approved for Pakistan in July 2023?

current affairs MCQ #7462

  1. Question 1

    Q1. What was the total amount of the IMF Stand-By Arrangement (SBA) approved for Pakistan in July 2023?

    • A) $3 billion
    • B) $6 billion
    • C) $1.5 billion
    • D) $9 billion

    Answer: $3 billion

    Explanation: The IMF approved a $3 billion Stand-By Arrangement for Pakistan in July 2023, providing emergency balance-of-payments support that helped stabilise reserves and stave off sovereign default.