On September 25, 2024, the IMF Executive Board approved Pakistan’s $7 billion 37-month EFF program. How much initial disbursement was released immediately?
A$1 billion
B$500 million
C$700 million
D$1.1 billion
Explanation
Following approval on September 25, 2024, the IMF released an immediate tranche of approximately $1.03 billion (SDR 760 million) to Pakistan.
Exam Relevance
- Topic: International & National Current Affairs (September 2024)
- Subtopic: September 2024
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