The ninth National Finance Commission (NFC) meeting was deadlocked since_________?
Correct answer: D. July 2015
- A. July 2018
- B. July 2016
- C. July 2017
- D. July 2015
Explanation
The ninth National Finance Commission process was reported as deadlocked from July 2015. NFC discussions often stall over the distribution of resources between the federation and provinces.
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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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