Pakistan spends annually US$ $ 788 million on the import of ?

Correct answer: D. edible oil

  • A. sugar
  • B. vegetable oil
  • C. tea
  • D. edible oil

Explanation

Pakistan has historically spent hundreds of millions of dollars importing edible oil because domestic oilseed production does not meet consumption needs. Vegetable oil is a type of edible oil, but the reported category in this statistic is edible oil.

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About Economy of Pakistan

Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.

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