A. $4 billion
B. $5 billion
C. $6 billion
D. $7 billion
Answer
Correct Answer: A. $4 billion
Detail About MCQs
Pakistan lost over $4 billion in remittances sent by overseas Pakistan in FY23, much higher than the amount the PMLN-led coalition struggled to secure from the International Monetary Fund (IMF) during the outgoing fiscal year. Data issued by the State Bank of Pakistan (SBP) on July 10, 2023, showed that the remittances month-on-month slightly increased by 4pc to $2.183bn in June while it witnessed a 22pc decline when compared with $2.8bn remittances the country received in June 2022.