2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For which country has IMF recently approved the Extended Fund Facility?
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Ukraine
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Switzerland
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Australia
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Cuba
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Explanation:
Detailed explanation-1: -The IMF approved the $15.6 billion four-year Extended Fund Facility program for Ukraine in March, enabling additional donor support of about $100 billion.
Detailed explanation-2: -The authorities’ new IMF-supported program aims to secure macroeconomic and financial stability, catalyze external financing and provide a framework for structural policies that lay the foundations for post-war recovery, reconstruction and eventual accession to the European Union.
Detailed explanation-3: -Today the IMF welcomed the Principality of Andorra as its 190th member.
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