Global Highlights: Pakistan’s Digital FDI Record, IMF GDP Outlook, UAE Loan Rollovers, and More
Stay updated with Pakistan’s groundbreaking digital FDI initiative, IMF’s revised GDP forecast, UAE’s $2 billion loan rollover, China’s economic growth, and other key global financial news.
Digital FDI Initiative in Pakistan
1. Which organization collaborated with Pakistan to implement the Digital FDI-Enabling Project?
A) World Bank
B) World Economic Forum (WEF)
C) International Monetary Fund (IMF)
D) United Nations Development Programme (UNDP)
Answer: B) World Economic Forum (WEF)
Explanation: Pakistan became the first country to implement the Digital FDI initiative under WEF’s project.
Pakistan’s GDP Forecast by IMF
2. What is the IMF’s GDP growth forecast for Pakistan in 2025?
A) 2.5%
B) 3%
C) 3.5%
D) 4%
Answer: B) 3%
Explanation: The IMF downgraded Pakistan’s GDP growth estimate for 2025 to 3%.
Current Account Surplus
3. How much surplus did Pakistan record in its current account for July-December 2024?
A) $800 million
B) $1.2 billion
C) $1.5 billion
D) $2 billion
Answer: B) $1.2 billion
Explanation: Pakistan achieved its highest six-month current account surplus in 15 years at $1.2 billion.
UAE’s Financial Support
4. How much did the UAE roll over for Pakistan’s financial assistance?
A) $1 billion
B) $2 billion
C) $3 billion
D) $5 billion
Answer: B) $2 billion
Explanation: The UAE confirmed the rollover of $2 billion in deposits to support Pakistan’s economy.
China’s Economic Growth
5. What was China’s official GDP growth target achieved in 2024?
A) 4%
B) 5%
C) 5.5%
D) 6%
Answer: B) 5%
Explanation: Despite economic challenges, China met its 5% GDP growth target, boosting global market sentiment.
IT Exports and Infrastructure
6. What is Pakistan’s IT export target by 2030?
A) $15 billion
B) $20 billion
C) $25 billion
D) $30 billion
Answer: C) $25 billion
Explanation: The government aims to enhance IT exports to $25 billion by 2030, despite current infrastructure issues.
Trade Deficit
7. Pakistan’s trade deficit with nine countries surged by how much?
A) 20%
B) 33%
C) 43%
D) 50%
Answer: C) 43%
Explanation: Pakistan witnessed a 43% surge in its trade deficit with nine key trade partners.
US as Pakistan’s Top Export Destination
8. Which country remained Pakistan’s largest export market in the first five months of FY25?
A) China
B) UAE
C) USA
D) UK
Answer: C) USA
Explanation: The USA continues to be Pakistan’s top export destination, even as exports to China dipped.
FDI Performance in Pakistan
9. By what percentage did Pakistan’s Foreign Direct Investment (FDI) grow in the first half of FY25?
A) 10%
B) 15%
C) 20%
D) 25%
Answer: C) 20%
Explanation: Pakistan’s FDI rose by 20% year-on-year, amounting to $1.33 billion in the first half of FY25.
Green Fund Initiative
10. How much is allocated for Pakistan’s Green Fund project?
A) $100 million
B) $150 million
C) $200 million
D) $250 million
Answer: D) $250 million
Explanation: Pakistan launched a $250 million Green Fund to support environmental and social initiatives.
Russia’s Economic Challenges
11. By when is Russia expected to run out of financial reserves, according to economists?
A) Spring 2025
B) Summer 2025
C) Fall 2025
D) Winter 2025
Answer: C) Fall 2025
Explanation: Economists predict that Russia may exhaust its financial reserves by fall 2025, impacting its war efforts.