Pakistan's Economic Challenges
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Questions and Answers

What was the increase in gross public debt of Pakistan by the end of June 2018?

$25.2 billion

What was the reason for more than half of the increase in gross public debt being attributed to public external debt?

Depreciation of the Pakistani rupee against the U.S. dollar

What was the increase in public external debt in 2018 solely due to the depreciation of the Pakistani rupee?

USD $7.9 billion

What was the inflation rate in Pakistan by the time of the text, which was a record high over the last five years?

<p>9.4 percent</p> Signup and view all the answers

What was the tax revenue of Pakistan as a percentage of its GDP in 2018?

<p>13 percent</p> Signup and view all the answers

What are some of Pakistan's economic woes mentioned in the text?

<p>Dwindling foreign exchange reserves, low exports, high inflation, growing fiscal deficit, and current account deficit</p> Signup and view all the answers

What was the fiscal deficit of Pakistan for the half-year during the current fiscal year, which was the highest since 2010-11?

<p>2.7 percent of GDP</p> Signup and view all the answers

How many loans has Pakistan taken from the IMF so far?

<p>22nd loan</p> Signup and view all the answers

What percentage of Pakistan's government expenditure is allocated for debt servicing?

<p>30.7 percent</p> Signup and view all the answers

What is the current account deficit of Pakistan in 2018?

<p>$18.2 billion</p> Signup and view all the answers

What has been a major driver of Pakistan's rising current account deficit?

<p>Expanding trade deficit</p> Signup and view all the answers

Why does the text mention that Pakistan must focus on resolving its economic woes?

<p>To avoid bankruptcy</p> Signup and view all the answers

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