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The Rapid Financing Instrument (RFI) provides rapid financial assistance, which is available to all member countries facing an urgent balance of payments need. The RFI was created as part of a broader reform to make the IMF’s financial support more flexible to address the diverse needs of member countries. The RFI replaced the IMF’s previous emergency assistance policy and can be used in a wide range of circumstances. The International Monetary Fund (IMF) has approved $1.4 billion in emergency support for Ukraine to finance expenditures and shore up the balance of payments.
The Invest Rajasthan Summit,2022 which was supposed to be held on 24th and 25th January, 2022 in Jaipur was postponed due to emerging cases of Covid 19,...
What historic aspect relates to the expected invitation of Indonesia’s President Prabowo Subianto as the chief guest for India’s Republic Day in 202...
What is the current repo rate as decided by the Reserve Bank of India (RBI) in its latest Monetary Policy Committee (Dec 2024) review?
Which country has applied to join the BRICS group and offered to contribute $1.5 billion to the BRICS Bank?
Who secured the top position in Time Magazine's poll for its annual TIME100 list?
Recently President Sheikh Khalifa bin Zayed Al-Nahyan died He was President of Which Country?
Consider the following statements with respect to the direct benefit transfers done by the government in the current financial year -
I.The Centr...
What will the Sahayog Hop Tac exercise between India and Vietnam Coast Guards include?
Pankaj Advani, who recently won his 28th world title, is associated with which sport?
In which sport did Brian Taber represent Australia?