Question

Research the US Exim Bank. Have there been any problems or issues with the Bank lately? Should the budget for Exim be renewed or should Exim be shut down?

Answer 1

Exim Bank is the United States exports imports and exports bank. It finances the exports of machine aur machinery on lease and hire purchase from other Nations. It also helps in financing of foreign trade.

It is recently faced with the problem of Chinese export strategies because of unfolding of this covid-19 disease as its most of the finances have turned bad as it had exposure in China.

Budget should be renewed for import export Bank of United States and it should be more flexible in nature.

No it does not need to shut down as it can survive and sustain once normalcy returns.