CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
At approval of the 2024 EFF, Pakistan received an immediate disbursement of approximately:
A. US$1 billion
B. US$220 million
C. US$500 million
D. US$2.5 billion
Correct Answer: A
The Board decision made SDR 760 million, about US$1 billion, immediately available.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
EFF stands for:
A. Economic Financing Framework
B. External Fiscal Facility
C. Emergency Funding Facility
D. Extended Fund Facility
Correct Answer: D
EFF is the IMF's Extended Fund Facility.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan's 2024 IMF Extended Fund Facility has a duration of:
A. 24 months
B. 28 months
C. 37 months
D. 48 months
Correct Answer: C
The arrangement is a 37-month Extended Arrangement under the EFF.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
What is the total size of Pakistan's current Extended Fund Facility approved in 2024?
A. SDR 1 billion, about US$1.4 billion
B. SDR 5.32 billion, about US$7 billion
C. US$3 billion only
D. US$10 billion
Correct Answer: B
The EFF was approved for SDR 5.32 billion, equivalent to around US$7 billion at approval.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan's current IMF Extended Fund Facility (EFF) arrangement was approved on:
A. 25 September 2024
B. 12 July 2024
C. 9 May 2025
D. 8 May 2026
Correct Answer: A
The IMF Executive Board approved Pakistan's 37-month EFF on 25 September 2024.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which currency is used by the IMF as an international reserve asset?
A. SDR
B. Euro only
C. Gold coin
D. Bitcoin
Correct Answer: A
A: Correct because Special Drawing Rights are IMF international reserve assets. B: Wrong because the euro is a currency, not the IMF reserve asset name. C: Wrong because gold coin is not the IMF accounting reserve asset. D: Wrong because Bitcoin is not the IMF reserve asset.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Which institution completed Pakistan's third EFF review in May 2026?
A. World Bank
B. International Monetary Fund
C. Asian Development Bank
D. Islamic Development Bank
Correct Answer: B
B: Correct because the IMF completed the third review of Pakistan's Extended Fund Facility in May 2026. A: Wrong because the World Bank is a different development institution. C: Wrong because ADB supports development finance but did not conduct this EFF review. D: Wrong because IsDB is not responsible for IMF EFF reviews.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
The headquarters of the International Monetary Fund is located in:
A. Washington, D.C.
B. Geneva
C. Paris
D. Brussels
Correct Answer: A
A: Correct because the IMF is headquartered in Washington, D.C. B: Wrong because Geneva hosts many UN-related offices but not IMF headquarters. C: Wrong because Paris is not the IMF headquarters. D: Wrong because Brussels is not the IMF headquarters.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
In May 2025, the IMF approved Pakistan's request under the Resilience and Sustainability Facility with access of about:
A. US$140 million
B. US$1.4 billion
C. US$14 billion
D. US$40 billion
Correct Answer: B
A: Wrong because it is one-tenth of the reported approximate amount. B: Correct because IMF reported access of about US$1.4 billion under the RSF. C: Wrong because it is much higher than the reported amount. D: Wrong because it is not the RSF access amount.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Pakistan's IMF Extended Fund Facility approved in 2024 was for what duration?
A. 12 months
B. 24 months
C. 37 months
D. 60 months
Correct Answer: C
A: Wrong because the EFF was longer than one year. B: Wrong because the program was not two years. C: Correct because IMF described the Pakistan EFF as a 37-month arrangement. D: Wrong because it was not a five-year arrangement.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan–IMF Programme 2026
Who is the current Managing Director of the IMF?
A. Kristalina Georgiev
B. Christine Lagarde
C. Gita Gopinath
D. David Malpass
Correct Answer: A
Kristalina Georgieva was re-appointed to serve a second five-year term as head of the IMF in 2024.