Explanation

• Pakistan and China signed an agreement for the ML-1 railway track in 28 April 2019.
• The agreement aims to upgrade and reconstruct the existing Karachi-Lahore-Peshawar (ML-1) railway track.
• This project is part of the CPEC.

Last verified on 11-05-2026

Explanation

The current State Bank of Pakistan (SBP) policy interest rate is 11.5%, effective since April 2026.

1 percent was increased on 26 April 2026. 

The 11% rate mentioned was the previous benchmark, which was held steady from June to October 2025. 

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Verified & updated on 27-04-2026

Explanation

• 3.9 is the GDP ratio in Pakistan during 2021
  
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3.94 is the GDP ratio in Pakistan during 2020-21

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• GDP stands for Gross Domestic Product
  
• Minister for Finance Shaukat Tarin said that Pakistan’s GDP growth stood at 3.94 percent against the envisaged target of 2.1 percent,
• remittances made a historic record, and exports would be touching $25 billion in the outgoing fiscal year.
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• Agricultural GDP of Pakistan in 2019: 22.4%
• According to the Economic Survey of Pakistan 2021-22, only 1.77 % of GDP was spent on the education sector in FY2021.
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• Japan had a record-high Defence budget, more than a ceiling of 1% of its GDP in April 2021
• According to the GDP per capita report, 2021 poorest country in the world is Burundi

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VU FIA CBT  14-12-2021

Sh1-9-2023

Explanation

 After the March 2025 agreement, the IMF granted access to around $1.3 billion (SDR 1 billion) under the Resilience and Sustainability Facility (RSF).

This access is spread over 28 months. 

Explanation

In May 2024, Pakistan bagged a military deal to supply the 12 MFI-17 Super Mushshak trainer aircraft to Zimbabwe

The MFI-17 Super Mushshak, a lightweight and durable aircraft with a capacity for two or three occupants.

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