A. China
B. Saudi Arabia
C. Qatar
D. United Arab Emirates
Explanation:
– Pakistan secured a $3 billion rollover from Saudi Arabia.
– The facility was extended for a further reasonable period, according to the Finance Minister.
– The rollover supports Pakistan’s external financing position and foreign exchange reserves.
– The government also discussed a proposed $10 billion US facility, which the Finance Minister said was not essential.
Related one-line questions and answers
- What is a financial rollover? — Extension of an existing financial obligation rather than immediate repayment.
- What is the currency of Saudi Arabia? — Saudi riyal.
- Which institution manages Pakistan’s foreign exchange reserves? — State Bank of Pakistan.
- What does IMF stand for? — International Monetary Fund.
- Where is the IMF headquarters? — Washington, DC, USA.