According to the report 'Macro Poverty Outlook for Pakistan', released by the World Bank on October 18, 2024, the poverty rate will remain near ________ through Fiscal Year 2026.
Correct answer: D. 40%
- A. 20%
- B. 25%
- C. 30%
- D. 40%
Explanation
The World Bank’s outlook placed Pakistan’s poverty rate near 40 percent through fiscal year 2026, reflecting the effects of inflation, weak growth and reduced household purchasing power. The other figures are well below the report’s projection.
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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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