IMF’s Extended Fund Facility has been recently appro... - Solved MCQs & Answer

928World Current AffairsMedium

IMF’s Extended Fund Facility has been recently approved for which country? (As reported on 21 March 2024)

APakistan

BSouth Africa

CUkraine

DAfghanistan

Correct answer

C. Ukraine

Explanation

the IMF Executive Board approved a new four-year Extended Fund Facility (EFF) for Ukraine with funding of USD 15.6 billion (SDR 11.6 billion). This Arrangement is part of an overall support package for Ukraine from international partners worth about USD 122 billion.

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