According to Economist Intelligence Unit (EIU) 2019 report; which of the following Pakistani city is among the top 10 cheapest cities in globe?
Correct answer: A. Karachi
- A. Karachi
- B. Turbat
- C. Islamabad
- D. Lahore
Explanation
Karachi appeared among the world’s ten cheapest cities in the Economist Intelligence Unit’s 2019 cost-of-living report. The ranking reflected the comparatively low prices of goods and services there.
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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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