Read the following text.
Explain in about 40 words why the name "The Medium-Term Strategy" is considered appropriate.
Answer as written by the student:
The name “The Medium-Term Strategy” is considered appropriate because it reflects the time span and the scope of the IMF’s priorities and goals for the period from 2020 to 2025, which are aligned with the changing needs of the global economy and society. 🌐
Step-by-Step explanation of the answer:
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To answer this question, you need to do the following steps:
- Find the part of the text that contains the information about the word or phrase. In this case, it is the fourth paragraph of the extract, which starts with “The IMF’s current priorities are guided by its Medium-Term Strategy”.
- Read the paragraph and understand the meaning of the word or phrase. In this case, the meaning is that it is the name of the IMF’s plan or framework for achieving its objectives and addressing its challenges for the next five years.
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