The World Bank has approved a package of_______ million to support Pakistan's efforts to raise revenue, reduce compliance cost?
Correct answer: C. $518
- A. $515
- B. $520
- C. $518
- D. None of above
Explanation
The World Bank package amounted to $518 million and was aimed at improving revenue collection while lowering the cost of tax compliance. The $515 million and $520 million figures are close distractors.
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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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