Consider the following pairs: Facility | Feature 1. Extended Fund Facility (EFF) | For structural balance of payments problems. 2. Rapid Credit Facility (RCF) | Quick and concessional lending for high-income countries. 3. Resilience and Sustainability Facility (RSF) | Short-term liquidity line. How many of the above pairs are correctly matched?

Extended Fund Facility (EFF)

• The EFF of the International Monetary Fund provides assistance to countries facing serious medium-term balance of payments problems arising from structural weaknesses that require time to correct. The repayment period is longer than that of a Stand-By Arrangement. Hence, pair 1 is correctly matched.

Rapid Credit Facility (RCF)

• The RCF provides rapid concessional financial assistance with limited conditionality to low-income countries facing an urgent balance of payments need. It is not meant for high-income countries. Hence, pair 2 is not correctly matched.

Resilience and Sustainability Facility (RSF)

• The RSF was created in 2022 to provide long-term affordable financing to help low-income and vulnerable middle-income countries deal with longer term structural challenges such as climate change and pandemic preparedness. Short-term liquidity support is provided by the separate Short-term Liquidity Line. Hence, pair 3 is not correctly matched.
• Therefore, only one pair is correctly matched.