Explanation

The loans comprise $0.30 billion in program lending, $1.01 billion from project lending, and $3 million from grants.

The report released: 25th April 2022

Pakistan become the largest recipient of the Asian Development Bank(ADB) loans for the year 2022.

This report was released in April 2023

Pakistan received 5.58 billion US dollars in 2022.

Explanation

In January 2023, USA announced an additional $100 million of recovery and reconstruction funding, bringing the total US contribution to Pakistan’s relief funds to over $200m.

Explanation

International Monetary Fund (IMF) approved the $1.1 billion tranche for Pakistan on 29 August 2022.

The International Monetary Fund (IMF) is a major financial agency of the United Nations and an international financial institution

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190

IMF official language: English 

NA23-7-2023

Explanation

The government contracted $15.32 billion worth of new foreign loans from multilateral institutions and commercial banks during the previous fiscal year (2020-21). As per, Annual Report on Foreign Economic Assistance 2020-21.

Explanation

• The United Nations will be launching a fresh appeal on Oct 4, 2022 for an additional $600 million in support to Pakistan for providing immediate relief to millions of flood victims across the country.

Explanation

Claudia Webbe, member of parliament  of United Kingdom (UK) asked the world to cancel Pakistan’s international debts amid devastating floods on 2 September 2022. 

Explanation

The State Bank of Pakistan on August 31, 2022 received $1.16 billion deposit from the International Monetary Fund (IMF).

Explanation

On 3 July 2019, International Monetary Fund (IMF) approved a three-year, $6 billion loan "to support Pakistan’s economic plan.

On July 3, 2019, IMF approved a 39-month extended arrangement under the EFF for Pakistan 

ND12_8_2023

Explanation

Correct Answer: 1 per cent

IMF has recently released a report titled “World Economic Outlook”

Explanation

As part of its commitment to provide 77 million Covid vaccines to Pakistan, the United States donated another batch of 9m paediatric and adult doses on 25 August 2022 in partnership with global vaccine-sharing scheme Covax.