According to State Bank of Pakistan (SBP), Pakistan's total external debt and liabilities as of December 2017 stood at__________?
Correct answer: A. $88.9 billion
- A. $88.9 billion
- B. $75.4 billion
- C. $68.1 billion
- D. $95.5 billion
Explanation
The State Bank reported Pakistan’s external debt and liabilities at $88.9 billion by December 2017. This figure includes both external debt and other external liabilities, so it is higher than debt alone.
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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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