Asked in a 2019 paperHard

Which Country committed to built oil refinery at Gwadar in 2019?

Correct answer: D. Saudi Arabia

  • A. United States
  • B. Russia
  • C. Qatar
  • D. Saudi Arabia

Explanation

Saudi Arabia committed in 2019 to build an oil refinery at Gwadar as part of its proposed investment in Pakistan. The project was linked to Saudi-Pakistani economic cooperation.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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