Rs ______ billion has been announced by government for development in Karachi in the Federal Budget 2018-19.
Correct answer: C. 25
- A. 21
- B. 23
- C. 25
- D. 27
Explanation
The Federal Budget 2018-19 announced Rs 25 billion for development projects in Karachi. The figure refers to the federal development allocation, not the city’s entire development spending from all sources.
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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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