Consider the following statements.1. Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to income countries facing high level of indebtedness.2. Singapore Regional Training Institution (STI) is one of the institutes that provides training in Macro-economic analysis and policy and related subject as a part of programme of the IMF institute. Which of the statement(s) given above is/are correct?

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