world_organizations hard True/False

The IMF's Resilience and Sustainability Trust (RST), established in 2022, provides affordable long-term financing to help low-income and vulnerable middle-income countries address structural challenges like climate change and pandemic preparedness.

  1. True
  2. False

Answer: True

The RST channels voluntary contributions from member countries to provide concessional financing with long maturities. It supports reforms that build resilience to long-term structural risks, complementing traditional IMF lending focused on balance of payments needs.

Topic International Monetary Fund
Exam Relevance Banking, UPSC, SSC
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