Pakistan is seeking to borrow _________ RS during fiscal year 2018-2019 to repay domestic, foreign debt and the interest on these loans?
Correct answer: C. 22 trillions
- A. 25 trillions
- B. 24 trillions
- C. 22 trillions
- D. 20 trillions
Explanation
Pakistan planned to borrow about Rs22 trillion during fiscal year 2018-19 to meet debt repayment and interest obligations. The borrowing was largely connected with refinancing domestic and foreign debt rather than funding a single development project.
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