Q. The Rapid Financing Instrument is a financial assistance mechanism of which international organisation?
Answer: International Monetary Fund
Notes: The International Monetary Fund (IMF) approved emergency funding of 206 million United States Dollars (USD) for Sri Lanka after Cyclone Ditwah. The support is given under the Rapid Financing Instrument (RFI). The Rapid Financing Instrument (RFI) is a fast-acting financial aid program from the International Monetary Fund (IMF). It provides quick financial help to IMF member countries facing urgent balance of payments problems. It operates under the General Resources Account (GRA) of the IMF. The Regular Window supports crises from instability or external shocks, allowing up to 50 percent of quota yearly.
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