For how many years KSA will place a deposit of $3billion to support balance of payment in Pakistan?
Correct answer: A. 1 year
- A. 1 year
- B. 2 years
- C. 3 years
- D. 4 years
Explanation
Saudi Arabia's three-billion-dollar balance-of-payments deposit was arranged for one year, with the facility subject to renewal. The question refers to the deposit itself, not the separate deferred oil-payment facility.
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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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