CLSA Ltd has decided to invest back in Pakistan. CLSA exited Pakistan in ________ due to "considerable instability" at that time?
Correct answer: C. 2001
- A. 1990
- B. 1995
- C. 2001
- D. 2011
Explanation
CLSA had exited Pakistan in 2001, citing considerable instability, before deciding to return to the market in 2018. The later date of 2011 is the most plausible alternative but does not match the reported timeline.
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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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