The Asian Development Bank (ADB) has proposed a ___________ lending programme for Pakistan for next three years on 14th Dec 2018?
Correct answer: D. $7.5 billion
- A. $3 billion
- B. $5 billion
- C. $10 billion
- D. $7.5 billion
Explanation
The Asian Development Bank proposed a $7.5 billion lending programme for Pakistan covering the following three years. This was a programme commitment, not a single immediate loan disbursement.
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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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