According to the 'GLOBAL RISK REPORT 2022', published by the WORLD ECONOMIC FORUM(wef), which among the following is top risk for Pakistan?
Correct answer: C. Debt Crisis
- A. Climate Change
- B. Inflation
- C. Debt Crisis
- D. None of these
Explanation
The World Economic Forum’s 2022 country risk assessment identified debt crisis as Pakistan’s leading risk among these choices. Climate change and inflation were important concerns, but they were not the listed top risk in that assessment.
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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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