2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Pakistan
|
|
|
Afghanistan
|
|
|
USA
|
|
|
Ukraine
|
Detailed explanation-1: -Amid the severe economic crisis, Pakistan’s government has decided to raise the policy rate to 19 per cent or 200 basis points, which will be an increase of 2 per cent.
Detailed explanation-2: -Sharif government went to IMF on urgent basis for the first time and reached an agreement to get two amounts of US$265, 370, 000 and US$113, 740, 000 on October 20, 1997. In 2008, Yousaf Raza Gillani received a $7.6 billion loan from the IMF. In 2018, Imran Khan became Prime Minister of Pakistan.
Detailed explanation-3: -ISLAMABAD: Cash-strapped Pakistan has received the nod for funding of up to $2 billion from Saudi Arabia, a move that will help the country secure the much-required bailout from the IMF, according to a media report on Thursday.