Pak Exam MCQs
A. $8.094
B. $3.494
C. $11.486
D. $9.76
Answer & Solution
Option: D
Explanation : Pakistan provisionally received over $9.76 billion of foreign assistance in the first eleven months (July-May) of the financial year 2018-19 against $10.448 billion during the same period of 2017-18. The Pakistan Tehreek-e-Insaf-led government borrowed $543.96 million from foreign commercial banks in May, bringing the total to $3.727 billion under this head in July-May 2018-19, compared to $3.494 billion borrowed during the same period of 2017-18.
This does not include the $5 billion in deposits from friendly countries. The PML-N government had budgeted foreign assistance of $9.69 billion for 2018-19 including $394.34 million grants and $9.297 billion loans, as shown in the EAD data. The country received $11.486 billion against the budgeted assistance of $8.094 billion for 2017-18 including $3.716 billion from foreign commercial banks.
Explanation : Pakistan provisionally received over $9.76 billion of foreign assistance in the first eleven months (July-May) of the financial year 2018-19 against $10.448 billion during the same period of 2017-18. The Pakistan Tehreek-e-Insaf-led government borrowed $543.96 million from foreign commercial banks in May, bringing the total to $3.727 billion under this head in July-May 2018-19, compared to $3.494 billion borrowed during the same period of 2017-18.
This does not include the $5 billion in deposits from friendly countries. The PML-N government had budgeted foreign assistance of $9.69 billion for 2018-19 including $394.34 million grants and $9.297 billion loans, as shown in the EAD data. The country received $11.486 billion against the budgeted assistance of $8.094 billion for 2017-18 including $3.716 billion from foreign commercial banks.
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