According to Asian Development Bank (ADB) report the inflation is expected to rise sharply to average_________ in FY2019?
Correct answer: A. 7.5%
- A. 7.5%
- B. 6.9%
- C. 6.7%
- D. 6.5%
Explanation
The ADB expected Pakistan's average inflation to rise to 7.5 percent in FY2019. This was a forecast for the average inflation rate, not the growth rate or a later fiscal-year estimate.
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About Economy and Budget
Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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