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Pakistan's EFF Programme revived by the IMF

Published on August 31, 2022
Current Context: International Monetary Fund (IMF) recently approved Pakistan's Extended Fund Facility (EFF) Programme.
Pakistan's EFF Programme revived by the IMF
  • A sum of USD 1.17 billion for the 7th and 8th tranches has been approved by the IMF.
  • In an executive meeting in Washington, the Board completed the review and the bailout package was approved.
  • IMF is an international financial organization that was formed as a part of the Bretton Woods Conference in 1944.
  • It became operational on 27th Dec. 1945 and is primarily responsible for securing global financial stability and promoting international trade.
  • The headquarters of the IMF is in Washington DC.


Q.1 The headquarters of the IMF is in?
a. Geneva
b. Nairobi
c. Paris
d. Washington DC
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