Pakistan is Ranked _________in 2018 report of World economic forum?
Correct answer: C. 47th
- A. 43rd
- B. 45th
- C. 47th
- D. 49th
Explanation
Pakistan was placed 47th in the World Economic Forum's 2018 Inclusive Development Index for developing economies. This ranking is distinct from the WEF Global Competitiveness ranking, where Pakistan's position was much lower.
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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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