Asked in a 2026 paperModerate

Which country has announced the establishment of the first Nonprofit City in the World?

Correct answer: D. Saudi Arabia

  • A. Japan
  • B. China
  • C. Qatar
  • D. Saudi Arabia

Explanation

Saudi Arabia announced plans for the world’s first nonprofit city as part of its Vision 2030 programme. The project was associated with Crown Prince Mohammed bin Salman’s charitable foundation.

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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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