CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
For which country did the International Monetary Fund (IMF) Executive Board approve a loan worth USD 4.7 billion?
A
Bhutan
B
Brazil
C
Bangladesh
D
Benin
Explanation: 

Detailed explanation-1: -The International Monetary Fund (IMF) Executive Board on Monday approved a total of USD 4.7 billion loan for Bangladesh.

Detailed explanation-2: -IMF Executive Board Approves US$114.8 Million in Emergency Financing Support to South Sudan. The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of SDR 86.1 million (about US$114.8 million) to South Sudan under the Food Shock Window of the Rapid Credit Facility (RCF).

Detailed explanation-3: -The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.

There is 1 question to complete.