# Pakistan acquires USD _____ billion loans in Fiscal year 2020-21.? with Answer - Pakistan Current Affairs MCQs | TestPrep

> Solved MCQ: Pakistan acquires USD _____ billion loans in Fiscal year 2020-21. Correct Answer: C. USD 15.32 billion. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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

Direct Answer & Quick Reference

The correct option is **C. USD 15.32 billion**.

The government contracted $15.32 billion worth of new foreign loans from multilateral institutions and commercial banks during the previous fiscal year (2020-21) — almost 47 percen...

A. USD 12.32 billion

B. USD 13.32 billion

C. USD 15.32 billion **(Correct Answer)**

D. None of these

✨ Explain with AI

Verified Key: C. USD 15.32 billion
Solved by 2,001+ students

**Detailed Explanation & Reference:**

The government contracted $15.32 billion worth of new foreign loans from multilateral institutions and commercial banks during the previous fiscal year (2020-21) — almost 47 percent higher than $10.45bn a year earlier. The data showed that Pakistan contracted USD 8.41 billion in the fiscal year 2018-19, followed by USD 10.45 billion in 2019-20 (up 24 percent), and USD 15.32 billion in 2020-21 (up 47 percent), the Dawn newspaper reported, quoting ‘Annual Report on Foreign Economic Assistance 2020-21.

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