Who presents the Pakistan federal budget for the year 2023-24?

A. Ishaq Dar
B. Ahsan Iqbal
C. Khawaja Asif
D. Shehbaz Sharif

Answer

Correct Answer: A. Ishaq Dar


Detail About MCQs

The government on Friday introduced the Finance Bill, 2023 in the National Assembly, aiming to implement the financial proposals of the federal government for the upcoming fiscal year, starting from July 1, 2023. The bill was presented by Minister for Finance and Revenue, Senator Muhammad Ishaq Dar, who also delivered the Federal Budget for the year 2023-24.

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