Pakistan and Saudi Arabia signed official MOUs of worth___________ for bilateral cooperation on 17 February 2019.
Correct answer: A. $20 billion
- A. $20 billion
- B. $10 billion
- C. $30 billion
- D. $40 billion
Explanation
Pakistan and Saudi Arabia signed memorandums of understanding worth about $20 billion in February 2019. The agreements covered investment and bilateral cooperation, while the larger figures in the options overstate the announced package.
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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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