The International Monetary Fund (IMF) has urged Pakistan to invest ____ percent of its GDP annually in climate resilience and adaptation reforms to prepare for recurring extreme weather events.
Correct answer: A. One
- A. One
- B. Two
- C. Three
- D. Four
Explanation
The IMF recommended annual climate-resilience and adaptation spending equal to 1 percent of Pakistan’s GDP. The recommendation reflects the country’s exposure to floods, heatwaves, and other recurring extreme-weather events.
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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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