Pak Exam MCQs
A. $7.5
B. $8.5
C. $9.5
D. $10.5
Answer & Solution
Option: C
Explanation :Minister of State for Revenue Hammad Azhar, made this revelation in National Assembly on Friday(28-06-2019) that PTI led federal government has retired foreign loans worth $9.5 billion during its first year in power.
Hammad rubbished the opposition’s claim that the government obtained domestic loans Rs. 7,000 billion or Rs. 10,000 billion during its first year. He said it was a completely wrong and highly exaggerated statement.
He explained that unlike the opposition’s claim, the country’s foreign loans rose by $2.7 billion as compared to last year of Pakistan Muslim League-Nawaz (PML-N) government when foreign debts increased by over $7 billion.
Explanation :Minister of State for Revenue Hammad Azhar, made this revelation in National Assembly on Friday(28-06-2019) that PTI led federal government has retired foreign loans worth $9.5 billion during its first year in power.
Hammad rubbished the opposition’s claim that the government obtained domestic loans Rs. 7,000 billion or Rs. 10,000 billion during its first year. He said it was a completely wrong and highly exaggerated statement.
He explained that unlike the opposition’s claim, the country’s foreign loans rose by $2.7 billion as compared to last year of Pakistan Muslim League-Nawaz (PML-N) government when foreign debts increased by over $7 billion.
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