In Federal Budget 2022-23, GDP growth target for next year was set at:

A. 4.2%
B. 5%
C. 5.5%
D. 6%

Answer

Correct Answer: B. 5%

Detail About MCQs

The finance minister said that due to the “incompetency” of the PTI-led government, Pakistan has been witnessing “skyrocketing” inflation. The minister said the government had to move towards “sustainable growth”, adding that the growth target for next year was set at 5%.

In Federal Budget 2022-23, the salaries of government employees increased by ___%.

A. 10%
B. 15%
C. 20%
D. 25%

Answer

Correct Answer: B. 15%


Detail About MCQs

The federal government has increased the salaries of government employees by 15 percent and approved the merger of ad hoc allowances with their basic salary, Finance Minister Miftah Ismail announced during his budget speech on June 10, 2022.

Who presented Rs 9.5 trillion 2022–23 Pakistan federal budget?

A. Miftah Ismail
B. Shehbaz Sharif
C. Rana Sanaullah
D. Ahsan Iqbal

Answer

Correct Answer: A. Miftah Ismail (Finance Minister)


Detail About MCQs

Federal Minister for Finance and Revenue Miftah Ismail on June 10, 2022, unveiled the coalition government’s maiden federal budget for the fiscal year 2022-23 in order to stabilise economic growth and control the increasing inflation.

When government presented Rs9.5 trillion federal budget for the FY2022-23?

A. June 04, 2022
B. June 08, 2022
C. June 10, 2022
D. June 13, 2022

Answer

Correct Answer: C. June 10, 2022


Detail About MCQs

On 10 June 2022, Finance Minister Miftah Ismail presented a federal budget of Rs 9.5 trillion for the financial year 2022-23, which is nearly a trillion higher than the previous financial year.