The federal government presented a proposed budget of Rs____ trillion for the fiscal year 2023-24.

A. 11.46 trillion
B. 12.46 trillion
C. 13.46 trillion
D. 14.46 trillion

Answer

Correct Answer: D. 14.46 trillion


Detail About MCQs

The federal government on June 9, 2023, presented a proposed budget of Rs. 14.460 trillion for the fiscal year 2023-24.

  • The economic growth target is fixed at 3.5% for the fiscal year 2023-24
  • Inflation is forecasted to average 21%
  • Tax-to-GDP ratio stands at 8.7%
  • Current account deficit to stand at $6 billion by the end of the fiscal year 2023-24

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