Explanation

 The state owned investment fund of Qatar is going to invest $3 billion in Pakistan, an official statement from the office of the energy-rich country`s ruler said on August 24, 2022.

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

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

Public Debt of Pakistan is around PKR 42.9 trillion which is 80.2 percent of gross domestic product (GDP) of Pakistan, as per SBP report March 2022.

Explanation

The board of executive directors of the World Bank has approved $435 million in financing to Pakistan for three housing sector projects mainly in Punjab.

Explanation

On June 10, 2022, World Bank approved d $300 million financing for the upgradation of rural roads in the most vulnerable districts of Khyber-Pakhtunkhwa to `provide safe and reliable access to schools, health facilities and markets`.

Explanation

The World Bank has approved 200 million dollars in financing to support Punjab in transforming its agricultural sector by adopting climate-smart technologies in July 2022.

Explanation

The European Union is providing 10 million euros to significantly boost the UNHCR`s assistance for Afghan refugees and their host communities in Pakistan.

Explanation

Correct Answer: 1 per cent

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

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