The total volume of the budget of Pakistan for the fiscal year 2024-25 be ______.
A. Rs 18,877 billion
B. Rs 19,000 billion
C. Rs 20,234 billion
D. None of these
Answer
Correct Answer: A. Rs 18,877 billion
Detail About MCQs
Finance Minister Muhammad Aurangzeb on 12 June 2024 unveiled the much-awaited Rs18.877 trillion ($67.76 billion) federal budget for the fiscal year 2024-25, which is expected to play a pivotal role in Pakistan’s negotiations with the International Monetary Fund (IMF) to unlock yet another loan from the international lender. Last year, Pakistan received $3 billion from the IMF under a Stand-By Arrangement (SBA) to stabilize its economy in the short term, including addressing immediate financial needs like debt repayments and supporting economic reforms.