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Any Country consistently facing balance of payment deficiency can approach:?

1. The World Bank

2. The Smithsonian Institute

3. IMF

4. The IMF and the IBRD

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Question added by Shamseer KM , Accounts and Admin Payroll , KBM Group
Date Posted: 2015/07/04
FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

 

3. IMF  - International Monetary Fund

 

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

 3. IMF------------------------------

YOUSAF HANIF
by YOUSAF HANIF , Accountant , BM Group

I think the correct answer is IMF............

Haytham Ahmed
by Haytham Ahmed , باحث قانونى , Prosecution GENERAL

 I think the correct answer from my point of view is3 

Abdul Wahab
by Abdul Wahab , Credit Controller , Takween Advanced Industries

I M F   is the right answer.

Shamseer KM
by Shamseer KM , Accounts and Admin Payroll , KBM Group

IMF>............................................

Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

I think one should consider Indian situation in the early1990s when PV Narasimha Rao was the PM. We had  very low foreign exchange reserves enough only for a few weeks of petroleum imports. 

And our favorite ally the Soviet Union was collapsing. 

India opened up its  economy . Yes we did send Gold to the IMF to shore up the deficit in the SHORT TERM. 

But in the long run we went for partial convertibility of the rupee and opened up the TELECOM. AVIATION, BANKING AND INSURANCE , AUTOMOBILE SECTOR and others. 

As a result for the past20 years we have been competing with China in the rate of economic growth. 

Ahmad Ashfaque
by Ahmad Ashfaque , Regional Head Commercial , Bank's Name

It depends on its b/s and criterians of the lending institute before making the decision.

Deleted user
by Deleted user

The third possible answer

 

3. IMF

 

Thanks for the invitation

Muhammad Sabith
by Muhammad Sabith , Accountant , SIMORA

1. The world bank.........,.

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