The government aims to transition tax administration toward automation and AI to minimize human intervention. This is intended to improve transparency and efficiency in revenue collection. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
64602
The government determined the 7 percent increase in salaries and pensions for public employees in the FY27 budget based on which primary benchmark?
The finance minister stated that the 7 percent raise for government employees was calculated using the inflation index as the primary benchmark. This adjustment was described as satisfactory in the context of broader tax relief measures. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
64603
During his previous visit in April 2026, Finance Minister Aurangzeb discussed Pakistan's plans to return to international capital markets using which financial instruments?
The Finance Minister briefed investors on plans to re-enter international capital markets specifically through the issuance of Panda Bonds and Eurobonds. These instruments are intended to diversify Pakistan's external financing sources. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
64604
Which entity did DHA Energy Supply Company reach an initial understanding with for the procurement of six megawatts of electricity?
DHA Energy Supply Company secured an agreement with Lucky Cement Limited to procure six megawatts of electricity for its initial operations. The other companies are major power producers but were not the source of supply for this specific project. [Source: https://www.dawn.com/news/2018147/karachis-dha-city-becomes-first-private-entity-to-light-up-its-own-housing-project, 25 Jul 2026]
64605
Which official attended the July 16, 2026, meeting as the Governor of the State Bank of Pakistan?
Jameel Ahmad is the Governor of the State Bank of Pakistan who attended the meeting. Muhammad Aurangzeb and Ahsan Iqbal were present as Federal Ministers, while Tariq Bajwa attended as a Special Assistant to the Prime Minister. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
64606
The government-mandated austerity drive, as extended by the Prime Minister, is scheduled to remain in effect until which date in 2026?
The Cabinet Division notification explicitly states that the additional austerity measures are extended until June 13, 2026. Other options represent adjacent months or dates that do not align with the official notification period. [Source: https://www.dawn.com/news/1999437/pm-extends-austerity-drive-till-june-13-to-deal-with-impact-of-middle-east-war, 11 May 2026]
64607
According to State Bank of Pakistan data, what was the total amount borrowed by the government from banks in the fiscal year 2026?
The government borrowed Rs5.9 trillion from banks in FY26. The figure Rs5.4 trillion represents the borrowing amount from the previous fiscal year, FY25. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
64608
Consider the following statements about the Sindh budget for 2026-27:
1. The budget includes the imposition of new taxes to cover the deficit.
2. The allocation for the law and order sector is Rs222 billion.
3. The budget for people with disabilities is fully protected from expenditure rationalization.
Which of the statements given above is/are correct?
Statement 1 is incorrect because the budget was presented without imposing any new taxes. Statements 2 and 3 are factually accurate as per the budget speech regarding sector allocations and protected expenditures. [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]
64609
What is the total volume of the Sindh provincial budget presented for the fiscal year 2026-27?
The Sindh Chief Minister presented a budget of Rs3.56 trillion for the upcoming fiscal year. Other options represent incorrect figures that deviate from the official budgetary announcement. [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]
64610
Consider the following statements about the fiscal data released in 2026:
1. The government's borrowing from banks in FY26 was higher than in FY25.
2. Debt servicing costs are expected to consume half of the total budget outlay in FY27.
3. The corporate sector's investment in government papers is negligible compared to bank investments.
Which of the statements given above is/are correct?
Statement 1 is correct as borrowing rose from Rs5.4 trillion to Rs5.9 trillion. Statement 2 is correct regarding the 50 percent budget consumption. Statement 3 is incorrect because the corporate sector accounts for a significant 25 percent of investment in government papers. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
