One of the most important components of " The Constitution ( Twenty-Sixth amendment) Act,2024 " is the complete eradication of Riba ( Interest ) from the country by ___________?
Correct answer: D. January 1, 2028
- A. January 1, 2025
- B. January 1, 2026
- C. January 1, 2027
- D. January 1, 2028
Explanation
The amendment set the constitutional target of eliminating riba from Pakistan before January 1, 2028. This date distinguishes the provision from the earlier dates listed in the other options.
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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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