Monday , 20 May 2024
Home / Current Affairs / Pak Current Affairs / Pak Study / General and Mixed Information About Pakistan / PTI Govt retired a record ______Billion in loans during its first year from 2018-2019

PTI Govt retired a record ______Billion in loans during its first year from 2018-2019

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.
Discuss in Forum
Report Error
Please comment below with correct answer and it’s detail explanation.



    About Pakexammcq

    Check Also

    Abbreviation of Coronavirus disease 2019 will be

    A. CAVID-19 B. COVID-19 C. COVDIS-19 D. CORVID-19

    Leave a Reply

    Your email address will not be published. Required fields are marked *