Extended Fund Facility (EFF): The IMF Executive Board approved an immediate disbursement of $1 billion to Pakistan under the Extended Fund Facility (EFF).EFF is an IMF lending mechanism designed to help countries facing prolonged balance of payments problems due to deep structural economic weaknesses.Governed by: International Monetary Fund (IMF), part of Bretton Woods institutions. Loan […]
Tag: 15th May 2025
Zero-Emission Trucking
Zero-Emission Trucking: Principal Scientific Adviser to the Government of India, released a report on India’s Priority Corridors for Zero-Emission Trucking.Zero-Emission Trucking (ZET) refers to freight transportation using battery electric or hydrogen fuel cell trucks that emit no tailpipe emissions, unlike traditional diesel vehicles.