CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
As of 2 October 2026, the most accurate description of the fourth EFF review was:
A. Review discussions were underway; completion and any new disbursement still required the relevant IMF process and Board approval
B. The fourth review had already been finally cancelled
C. The entire EFF had ended
D. All remaining US$7 billion had been disbursed automatically
Correct Answer: A
The review mission was still in progress as of the verification date; programme disbursements are not automatic and depend on review completion and IMF approval.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
At the UN General Assembly in September 2026, Prime Minister Shehbaz Sharif met which IMF official?
A. Mission Chief Iva Petrova
B. Deputy Managing Director Nigel Clarke only
C. World Bank President Ajay Banga
D. Managing Director Kristalina Georgieva
Correct Answer: D
On 23 September 2026, the Prime Minister met IMF Managing Director Kristalina Georgieva in New York.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Under the official EFF schedule, successful completion of the fourth review is associated with an EFF purchase of:
A. SDR 154 million
B. SDR 380 million
C. SDR 760 million
D. SDR 1.52 billion
Correct Answer: C
The programme schedule provides SDR 760 million for the fourth review, subject to completion and Board approval.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The fourth EFF review mainly evaluates Pakistan's programme performance through:
A. End-December 2025
B. End-June 2026
C. End-September 2026 only
D. End-December 2027
Correct Answer: B
The official review schedule links the fourth review to end-June 2026 performance criteria.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Formal fourth-review talks between Pakistan and the IMF began in late September 2026 under a mission led by:
A. Iva Petrova
B. Kristalina Georgieva
C. Dan Katz
D. Nigel Clarke
Correct Answer: A
The current review mission is led by IMF Mission Chief Iva Petrova.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The late-September 2026 IMF mission was also reviewing the RSF for the:
A. First time
B. Second time
C. Final sixth time
D. Third time
Correct Answer: D
The ongoing mission covers the fourth EFF review and third RSF review.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
As of 2 October 2026, Pakistan and the IMF were conducting which EFF review?
A. Second EFF review
B. Third EFF review
C. Fourth EFF review
D. Sixth EFF review
Correct Answer: C
Formal talks began in late September 2026 for the fourth review of the current EFF.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The IMF said the FY2027 fiscal strategy should be supported by efforts to:
A. Reduce tax compliance
B. Broaden the tax base and improve tax administration
C. Stop public financial management reforms
D. Rely only on money creation
Correct Answer: B
The May mission linked gradual consolidation with tax-base broadening, better administration and spending efficiency.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Who led the IMF staff visit to Pakistan in May 2026?
A. Iva Petrova
B. Nigel Clarke
C. Kristalina Georgieva
D. Muhammad Aurangzeb
Correct Answer: A
The May 2026 staff visit was led by Iva Petrova.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The IMF staff visit of May 13–20, 2026 focused partly on Pakistan's budget strategy for:
A. FY2025
B. FY2026 only
C. FY2029
D. FY2027
Correct Answer: D
The May 2026 staff visit discussed recent developments, reforms and the FY2027 budget strategy.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
During the May 2026 staff visit, the IMF also discussed reforms related to:
A. Cricket broadcasting rights
B. Passport design
C. Power subsidies
D. Election constituencies
Correct Answer: C
The May mission discussed advancing power-subsidy reforms as part of the RSF-related agenda.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Why are climate reforms considered relevant to macroeconomic policy under the RSF?
A. Climate has no economic effect
B. Climate shocks can weaken fiscal and economic stability
C. Only tourism is affected
D. They determine IMF voting rights
Correct Answer: B
The IMF treats climate vulnerability as macro-critical because disasters can affect growth, budgets and financial stability.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The RSF also supports Pakistan's efforts to meet its:
A. Climate mitigation commitments
B. NATO spending target
C. EU agricultural quota
D. Olympic qualification target
Correct Answer: A
The RSF supports mitigation commitments and reduction of macro-critical climate risks.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which entities are expected to improve disclosure of climate-related risks?
A. Only universities
B. Only foreign missions
C. Only local councils
D. Banks and corporates
Correct Answer: D
The RSF includes reforms to improve climate-risk information and disclosure by banks and corporates.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The RSF supports development of a framework for:
A. Election financing
B. Sports financing
C. Disaster-risk financing
D. Private luxury imports
Correct Answer: C
The May 2026 staff visit referenced adoption of a disaster-risk financing framework.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The RSF seeks stronger coordination of natural-disaster response between:
A. Only private banks
B. Federal and provincial governments
C. Only foreign donors
D. Only district courts
Correct Answer: B
Federal-provincial coordination of disaster response is a stated RSF reform objective.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The IMF programme specifically mentions improving water-resource efficiency through:
A. Better pricing
B. Permanent free supply regardless of use
C. Ending all measurement
D. A fixed exchange rate
Correct Answer: A
Better pricing is identified as one tool for improving efficient use of scarce water resources.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
A water-sector objective under Pakistan's RSF is to:
A. Increase water losses
B. End all water pricing
C. Eliminate irrigation planning
D. Use scarce water resources more efficiently
Correct Answer: D
The RSF supports more efficient water use, including better pricing.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The RSF calls for climate considerations to be integrated into:
A. Only private advertising
B. Only customs declarations
C. Public investment and budget planning
D. Only election schedules
Correct Answer: C
Climate considerations are to be incorporated into project selection, budgeting and public investment processes.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
One major RSF reform objective is to strengthen Pakistan's resilience to:
A. Foreign elections
B. Natural disasters
C. Sports injuries
D. Internet advertising
Correct Answer: B
The RSF directly supports stronger resilience to natural disasters.