Asian Development Bank (ADB) stated in its report that the virus outbreak could cost Pakistan economy in the range of__________?
Correct answer: A. $16.3 million to $4.95 billion
- A. $16.3 million to $4.95 billion
- B. $19.5 million to $6.6 billion
- C. $20 million to $2 billion
- D. $19 million to $1 billion
Explanation
The ADB estimated that COVID-19 could cost Pakistan’s economy between $16.3 million and $4.95 billion, depending on the outbreak’s duration and severity. The wide range reflects different economic-impact scenarios.
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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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