Pakistan trade deficit widens to___________billion in nine months of Fiscal year 2018.
Correct answer: B. $27.3
- A. $28.4
- B. $27.3
- C. $29.5
- D. $30.7
Explanation
Pakistan’s trade deficit reached about $27.3 billion during the first nine months of fiscal year 2017–18. The widening deficit reflected imports growing faster than exports.
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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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