The finance minister confirmed the decision to merge the Board of Investment (BoI) and the Special Investment Facilitation Council (SIFC) to remove duplication and improve investor facilitation. Both entities currently share similar objectives regarding investment promotion. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
63472
According to the Finance Minister, what is the projected inflation rate for the next fiscal year?
The Finance Minister explicitly stated that the inflation target for the upcoming fiscal year is 7.5 percent. The 4 percent figure mentioned in the same context refers to the projected GDP growth rate. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
63473
Which specific scheme received an additional proposed subsidy of Rs70 billion in the FY27 budget to boost export-led growth?
The government proposed an additional Rs70 billion subsidy for the Export Refinance Scheme (EFS) to elevate export performance. This is a central component of the government's export-led growth strategy. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
63474
In the FY27 budget, the government proposed reducing the super tax for businesses with annual incomes exceeding Rs500 million to what percentage?
The finance minister announced a reduction in the super tax from 10 percent to 8 percent for businesses earning over Rs500 million. This measure is part of the government's strategy to create an enabling environment for business growth. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
63475
Which of the following statements regarding the fiscal situation in 2026 is INCORRECT?
The statement that the government allocated more to the PSDP than to debt servicing is incorrect, as debt servicing (Rs8 trillion) significantly exceeds the PSDP allocation (Rs1 trillion). [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
63476
Who presented the Punjab provincial budget for the fiscal year 2026-27 in the provincial assembly?
Mian Mujtabaur Rehman is the Finance Minister of Punjab who presented the budget. Maryam Nawaz Sharif is the Chief Minister who presided over the cabinet meeting that approved the budget. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
63477
What was the average daily borrowing by the government from banks during the fiscal year 2026?
The government's daily borrowing through banks averaged Rs16.4 billion in FY26. The Rs500 billion figure represents the average monthly borrowing. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
63478
What percentage of total investment in government papers is accounted for by the corporate sector?
The corporate sector accounts for approximately 25 percent of the total investment in government papers. The remaining portion is primarily held by the banking sector. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
63479
What percentage increase in salaries and pensions was announced for government employees in the 2026-27 budget?
The government announced a 7 percent increase in salaries and pensions for its employees. The other percentages are incorrect distractors that do not reflect the approved fiscal policy. [Source: https://www.dawn.com/news/2008557/sindh-cm-murad-ali-shah-presents-rs356tr-budget-with-no-new-taxes-7pc-pay-raise, 17 Jun 2026]
63480
Which US-based technology firm held a meeting with Finance Minister Muhammad Aurangzeb in July 2026 to discuss refinery modernization?
The finance minister met with a delegation from Honeywell Technologies in Washington on July 20, 2026, to discuss upgrading Pakistan's refinery infrastructure. General Electric and Caterpillar are major industrial firms but were not the primary participants in this specific refinery modernization proposal. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
