CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The May 8, 2026 IMF decision simultaneously completed the:
A. Second review under the RSF
B. First RSF review
C. Third RSF review
D. Final RSF review
Correct Answer: A
The Board completed the third EFF review and second RSF review together.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The IMF Executive Board completed Pakistan's third EFF review on:
A. 27 March 2026
B. 9 May 2025
C. 20 May 2026
D. 8 May 2026
Correct Answer: D
The Board completed the third EFF review on 8 May 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan and IMF reached staff-level agreement on the third EFF review on:
A. 2 March 2026
B. 8 May 2026
C. 27 March 2026
D. 20 May 2026
Correct Answer: C
The IMF announced staff-level agreement on 27 March 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The third EFF review discussions in early 2026 took place mainly in:
A. Lahore and Quetta
B. Karachi and Islamabad
C. Peshawar and Multan
D. Dubai and Doha
Correct Answer: B
The IMF mission held discussions in Karachi and Islamabad, followed by virtual engagement.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Who led the IMF mission for Pakistan's third EFF review in 2026?
A. Iva Petrova
B. Kristalina Georgieva
C. Nigel Clarke
D. Jihad Azour
Correct Answer: A
The 2026 review mission was led by IMF Mission Chief Iva Petrova.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
According to the same IMF lending data, Pakistan had drawn approximately how much under the EFF by August 31, 2026?
A. SDR 760 million
B. SDR 1.52 billion
C. SDR 5.32 billion
D. SDR 3.04 billion
Correct Answer: D
The IMF listed SDR 3.04 billion as drawn and outstanding under the current EFF by August 31, 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
According to IMF lending data as of August 31, 2026, Pakistan had drawn approximately how much under the RSF in SDR terms?
A. SDR 154 million
B. SDR 760 million
C. SDR 307.6 million
D. SDR 1 billion
Correct Answer: C
IMF lending data listed SDR 307.6 million drawn and outstanding under the RSF as of August 31, 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The RSF arrangement supports reforms designed to reduce:
A. Only exchange-rate quotations
B. Macro-critical climate risks
C. Only import documentation
D. Only stock-market volatility
Correct Answer: B
RSF reforms focus on climate-related vulnerabilities that can materially affect the economy and public finances.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which social programme area does the IMF programme seek to protect and expand?
A. Social protection and human capital spending
B. Luxury import subsidies
C. Untargeted energy subsidies for all
D. Foreign military assistance
Correct Answer: A
The programme calls for stronger social protection and more human-capital spending.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which state-sector reform is repeatedly emphasized in Pakistan's IMF programme?
A. Nationalization of all private firms
B. Ending corporate governance rules
C. Eliminating all public reporting
D. State-owned enterprise reforms and privatization
Correct Answer: D
SOE governance, restructuring and privatization form a major structural-reform area.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
A major policy priority repeated in both the EFF and RSF reviews is:
A. Fixing all retail prices permanently
B. Abolishing the central bank
C. Restoring energy-sector viability
D. Ending all social assistance
Correct Answer: C
Energy-sector viability is repeatedly identified as a core reform priority.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which 2025 development strengthened the urgency of climate reforms under the RSF?
A. A global ban on exports
B. Devastating floods
C. A permanent oil embargo
D. Closure of the IMF
Correct Answer: B
The IMF stated that devastating floods highlighted the urgency of climate-related reforms.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
After the December 2025 reviews, total disbursements under the EFF and RSF together were about:
A. US$3.3 billion
B. US$2.1 billion
C. US$4.8 billion
D. US$7 billion
Correct Answer: A
The IMF reported combined disbursements of about US$3.3 billion after the December 2025 reviews.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The first RSF review in December 2025 allowed Pakistan to draw approximately:
A. US$1 billion
B. US$1.4 billion
C. US$760 million
D. US$200 million
Correct Answer: D
The first RSF review allowed about US$200 million to be drawn.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The second EFF review allowed Pakistan to draw about:
A. US$200 million
B. US$2 billion
C. US$1 billion
D. US$4.8 billion
Correct Answer: C
The second EFF review allowed around US$1 billion under the EFF.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The December 2025 IMF Board meeting also completed which RSF review?
A. Second RSF review
B. First RSF review
C. Third RSF review
D. No RSF review
Correct Answer: B
The Board completed the second EFF review and the first RSF review together.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan's second EFF review was completed on:
A. 8 December 2025
B. 9 May 2025
C. 27 March 2026
D. 8 May 2026
Correct Answer: A
The IMF Executive Board completed the second EFF review on 8 December 2025.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
After the first EFF review in May 2025, total EFF disbursements were approximately:
A. US$1.0 billion
B. US$3.3 billion
C. US$4.8 billion
D. US$2.1 billion
Correct Answer: D
The IMF reported total EFF disbursements of about US$2.1 billion after the first review.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The first EFF review in May 2025 allowed Pakistan to draw approximately:
A. US$200 million
B. US$1.4 billion
C. US$1 billion
D. US$3.3 billion
Correct Answer: C
Completion of the first review allowed an immediate EFF disbursement of around US$1 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan's first EFF review was completed by the IMF Executive Board on:
A. 25 September 2024
B. 9 May 2025
C. 8 December 2025
D. 8 May 2026
Correct Answer: B
The first review was completed on 9 May 2025.