🌍 50 Multiple Choice Questions – IMF Loan Program with Pakistan (March 2025)

What is the total value of Pakistan’s IMF Extended Fund Facility (EFF) agreed in 2024?
A) $5 billion
B) $7 billion ✅
C) $10 billion
D) $3 billion

What new loan did Pakistan secure from the IMF in March 2025?
A) $1.3 billion climate-resilience loan ✅
B) $500 million rapid-response loan
C) $2 billion infrastructure loan
D) $750 million education loan

What is the primary focus of the new IMF loan program in March 2025?
A) Military expenditure
B) Improving education
C) Climate resilience and sustainability ✅
D) Healthcare reform

How long is the new climate-resilience loan program scheduled to run?
A) 12 months
B) 28 months ✅
C) 36 months
D) 60 months

What triggered the first review by IMF staff in early March 2025?
A) Currency devaluation
B) Security issues
C) Performance under extended fund facility ✅
D) Increase in foreign investment

Approximately how much was unlocked from Pakistan’s EFF during the March 2025 visit?
A) $500 million
B) $1 billion ✅
C) $2 billion
D) None

Which IMF facility was Pakistan negotiating for additional support in March 2025?
A) Stand-By Arrangement
B) Resilience and Sustainability Facility (RSF) ✅
C) Poverty Reduction and Growth Trust
D) Rapid Financing Instrument

Which Pakistani minister commented that Pakistan was ‘well positioned’ for the IMF review?
A) Prime Minister
B) Finance Minister Muhammad Aurangzeb ✅
C) Foreign Minister
D) Planning Minister

Which reform area was emphasized by IMF during the review?
A) Military spending
B) Energy sector viability
C) Tax revenue mobilization ✅
D) Tourism industry

One major structural condition under the IMF program involves:
A) Reducing defense budget
B) Amending asset declaration laws ✅
C) Privatizing education
D) Importing foreign grain

Which benchmark did Pakistan struggle to meet before March 2025?
A) Export targets
B) Tax revenue collection ✅
C) Defence spending
D) Public sector hiring freeze

The IMF staff-level deal included unlocking funds for:
A) Debt payments
B) Climate resilience ✅
C) Direct cash transfers
D) Foreign military aid

What sector received more focus for reforms under the IMF program?
A) Agriculture
B) Energy and state-owned enterprises ✅
C) Entertainment
D) Pharmaceuticals

What milestone did Pakistan achieve under the IMF review in March?
A) Foreign exchange parity
B) Release of $1 billion tranche ✅
C) Military aid approval
D) New trade agreement

Which IMF official led the March 2025 staff mission?
A) Kristalina Georgieva
B) Nathan Porter ✅
C) Mahir Binici
D) Julie Kozack

By March 2025, Pakistan’s inflation had slowed to:
A) 10–12%
B) 1–1.5% ✅
C) 5–7%
D) Over 20%

What external risk did IMF highlight even after the agreement?
A) Trade wars
B) Geopolitical and financial shocks ✅
C) Cyber threats
D) Tourism decline

What country extended a loan repayment deadline to Pakistan around this time?
A) USA
B) China ✅
C) Saudi Arabia
D) UAE

How many reviews does Pakistan’s 37-month EFF contain?
A) 4
B) 6 ✅
C) 8
D) 10

The EFF aims to create conditions for:
A) Military dominance
B) Health-only reforms
C) Macroeconomic stability and growth ✅
D) Temporary relief only

Which facility will provide approximately $1.5 billion for climate issues?
A) COVID Relief Facility
B) Resilience and Sustainability Facility ✅
C) Poverty Trust
D) Digital Transformation Fund

What was one fiscal target IMF set under structural benchmarks?
A) Increase defense spending
B) Broadening tax base ✅
C) Reducing subsidies
D) Expanding agriculture exports

Before March 2025, how much had Pakistan received under the EFF?
A) $500 million
B) $1 billion ✅
C) $3 billion
D) $5 billion

IMF warned against risks from rising:
A) Climate change only
B) Protectionism only
C) Geopolitical shocks and protectionism ✅
D) Cyber threats only

Which sector’s governance was assessed by an IMF mission in early 2025?
A) Defense
B) Energy
C) Corruption and public sector governance ✅
D) Sports

Which Pakistan state entity reformed to comply with IMF?
A) Military
B) Federal Board of Revenue ✅
C) National Television
D) Punjab Provincial Assembly

IMF’s staff-level agreement occurred on:
A) March 4
B) March 14
C) March 25 ✅
D) March 31

The additional climate-resilience loan spans:
A) 15 months
B) 28 months ✅
C) 40 months
D) 60 months

What macroeconomic goal did IMF cite as improved in reinforcement?
A) Currency devaluation
B) Inflation control ✅
C) Population growth
D) Mineral exports

The EFF release is contingent on:
A) Tax reforms ✅
B) Military performance
C) Border security
D) Oil production

Pakistan’s central bank paused rate cuts in March because of:
A) Rapid economic growth
B) Cooling inflation and currency concerns ✅
C) IMF mandating higher rates
D) Rising unemployment

Which institution provided climate-resilience funding under IMF?
A) Poverty Reduction Fund
B) Resilience and Sustainability Facility ✅
C) Islamic Development Bank
D) World Bank

Which IMF review includes a first biannual check?
A) Post-program monitoring
B) First EFF review ✅
C) Article VIII consultation
D) Resilience Fund audit

IMF’s unlocking of funds is linked to:
A) School enrollment only
B) Meeting qualitative benchmarks ✅
C) Military deals
D) Currency printing

Which key reform was part of prior actions in budget?
A) Education privatization
B) Energy tariff hike ✅
C) Defense deregulation
D) Tourism tax

Pakistan’s foreign exchange reserves target under IMF:
A) $1 billion
B) 3 months of import cover ✅
C) 12 months of import cover
D) None

What percent of households remain outside the tax net?
A) 10%
B) 30%
C) Majority ✅
D) None

IMF’s country office in Pakistan assessed:
A) Cybersecurity threats
B) Governance and corruption vulnerabilities ✅
C) Military funding
D) Dietary health

Which ministry’s outreach did IMF engage with in 2024?
A) Education
B) Finance and key institutions ✅
C) Religious Affairs
D) Sports

IMF’s press briefings were led by:
A) Nathan Porter
B) Julie Kozack ✅
C) Kristalina Georgieva
D) Mahir Binici

Under the EFF, what was Pakistan’s growth target for FY26?
A) 2%
B) 3.6%
C) 4.2% ✅
D) 5%

Inflation in Pakistan under IMF eased to lows last seen in:
A) 2000
B) 2015 ✅
C) 2020
D) 1990

Which IMF facility is focused on climate and vulnerability issues?
A) Resilience and Sustainability Facility ✅
B) Rapid Financing Instrument
C) Article IV Review
D) Extended Fund Facility

IMF’s unlocked funds will help Pakistan:
A) Buy military equipment
B) Boost foreign exchange reserves ✅
C) Build schools only
D) Pay off local debt

Which country criticized IMF loans to Pakistan for aiding terrorism?
A) USA
B) India via Owaisi ✅
C) UK
D) China

What additional tranche was released pending board approval?
A) $200 million
B) $500 million
C) $1 billion ✅
D) None

Which condition aims to offset tax shortfalls?
A) Energy subsidy surge
B) Budget surplus and non-tax revenues ✅
C) Military mobilization
D) Currency depreciation

The IMF program aims to broaden tax net by including:
A) Middle class only
B) Agriculture, retail, property ✅
C) Poor only
D) Military salaries

A separate mission in March also reviewed:
A) Healthcare system
B) Governance & corruption risk ✅
C) Road infrastructure
D) Education standards

Key challenge noted by IMF despite progress:
A) Global warming
B) Weak governance & debt vulnerabilities ✅
C) High literacy
D) Overemployment