A. State Bank
B. IMF
C. ADB
D. World Bank
Submitted by: Nabeel Ahmed Solangi
The Asian Development Bank (ADB) on Friday approved $1.3 billion budgetary support loan for Pakistan, including $1 billion in crisis response facility to shore up low official foreign exchange reserves.
It was for the first time in Pakistan’s history that any political or military government availed the crisis response facility to repay its foreign debt and build foreign currency reserves.
Correct Answer: ADB ✔
Last Updated: December 09, 2019