In May 2019 the International Monetary Fund agreed to bail out with a fund of 6 billion ........

Current (GK) (CGL) International Affairs

In May 2019, the International Monetary Fund agreed to bail out ________ with a fund of $6 billion.

This questions was previously asked in

SSC CGL 4th March 2020 Shift-1

India

Bangladesh

Nepal

Pakistan

- Option 1: India

- India did not seek an IMF bailout in 2019.

- It has a relatively large and stable economy that can often manage its financial needs internally.

- Option 2: Bangladesh

- Bangladesh also did not receive an IMF bailout in 2019.

- The country has been experiencing economic growth and had not required such assistance at that time.

- Option 3: Nepal

- Nepal did not have an IMF bailout in 2019.

- The nation has other avenues for financial aid and development assistance.

- Option 4: Pakistan

- Correct Answer: In May 2019, the IMF agreed to provide Pakistan with a bailout of $6 billion.

- This financial assistance was aimed at stabilizing Pakistan’s economy and helping with its balance of payments crisis.

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