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Pakistan Current Affairs MCQspakistan-current-affairs-mcqs
Published
20 Jan 2025
Last updated
28 May 2026

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Which global financial organization extended a $7 billion loan to Pakistan before the World Bank provided its assistance?

Multiple choice question for Pakistan Current Affairs MCQs. Select an option, then review the explanation below.

Choose the correct answer

Explanation

Before receiving support from the World Bank, Pakistan obtained a $7 billion loan from the International Monetary Fund (IMF). This funding was approved under a 37-month Extended Fund Facility (EFF) arrangement, which plays a vital role in stabilizing Pakistan's economy. The IMF's financial assistance was instrumental in helping Pakistan manage its economic challenges, meet external obligations, and lay the groundwork for sustainable and inclusive economic growth.

Practice related questions from the same subject.

  1. 1.Who is the present Chief Justice of the Supreme Court of Azad Jammu and Kashmir?
  2. 2.What was the main official justification given by Pakistan for conducting airstrikes in Afghanistan during February–March 2026?
  3. 3.On which date did the 11th season of the Pakistan Super League kick off in 2026?
  4. 4.On March 10, 2026, Pakistan conducted its 5G spectrum auction. Approximately how much revenue was generated from this auction?
  5. 5.What was the main objective of the Islamabad quadrilateral summit?

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Which international financial institution provided a $7 billion loan to Pakistan prior to the World Bank's funding? - PakMcqs | PakQuizHub