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Pakistan acquires USD ____ billion loans in Fiscal year 2020-21.

A. USD 10.5 billion
B. USD 12.12 billion
C. USD 15.32 billion
D. USD 18.45 billion
Correct Answer: C. USD 15.32 billion
Explanation:


The correct answer is USD 15.32 billion because the annual report issued by the Economic Affairs Division (EAD) verified this as the total gross foreign economic assistance inflow for that fiscal year.



    • Step 1 (Loan Structure): Out of the USD 15.32 billion, funding came from multiple sources, including commercial banks, bilateral agreements, multilateral donors, and Eurobond issuances.

    • Step 2 (Utilization Purpose): These incoming capital inflows were acquired by the state to support the balance of payments, fund development projects, and repay maturing external debts.

    • Incorrect Options:

      • USD 10.5 billion is incorrect because it falls short of the audited total foreign funding received by the state during that active fiscal calendar.

      • USD 12.12 billion is incorrect because it reflects budgeting estimates rather than the final gross inflows realized at the end of the term.

      • USD 18.45 billion is incorrect because this higher figure overstates the total external debt accumulated within that single fiscal window.




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