How many (MoUs) were signed b/w Pakistani and Malaysian firms for joint venture in IT, telecommunication and car manufacturing?
Correct answer: B. 6 MoUs
- A. 3 MoUs
- B. 6 MoUs
- C. 8 MoUs
- D. 11 MoUs
Explanation
Pakistani and Malaysian companies signed six MoUs covering cooperation in IT, telecommunications and car manufacturing. The agreements were intended to promote joint ventures and investment.
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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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