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In June 2026, The Ministry Of Finance Highlighted That Pakistan's External Oil Import Bills Were Heavily Cushioned Due To Peace Mediation Initiatives In Which Global Region?
The Ministry of Finance's outlook noted that peace efforts in the Middle East stabilized international oil prices, benefiting Pakistan's external accounts.
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Question 1: The State Bank of Pakistan (SBP) maintained the policy rate at what percentage in its February 2026 review?
The Monetary Policy Committee of the SBP kept the policy rate at 9.5% in February 2026 to ensure price stability as inflation continued to trend downward.
Question 2: In February 2026, Pakistan's foreign exchange reserves stabilized at which milestone level?
Boosted by high remittances and the first installment of a new trade facility, Pakistan's reserves reached $15 billion in mid-February 2026.
Question 3: According to the Monthly Development Update, tax collections reached what amount by February 2026?
FBR tax collections reached Rs 8.1 trillion during the July-February period of the fiscal year 2025-26.
Question 4: Which global energy agency announced the release of 400 million barrels of oil on March 13, 2026, to counter price surges?
The International Energy Agency (IEA) coordinated the largest emergency release in history—400 million barrels—due to the Middle East conflict and the closure of the Strait of Hormuz.
Question 5: What was the settlement price for Brent Crude oil on March 9, 2026, following military escalations in the Middle East?
Brent crude rose sharply to $94 per barrel on March 9, 2026, a 50% increase from the start of the year.