Pakistan signed an agreement worth _______ billion dollars to borrow from IMF under new finance adviser Abdul Hafeez Shaikh?
Correct answer: C. 6 billion $
- A. 7 billion $
- B. 5 billion $
- C. 6 billion $
- D. 4 billion $
Explanation
Pakistan agreed to a three-year IMF programme worth approximately 6 billion US dollars in 2019. The agreement was negotiated under Adviser to the Prime Minister on Finance Abdul Hafeez Shaikh.
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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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509 free Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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