pakistan gross domestic product

[104] On 11 January 2016, aimed to help reduce market fragmentation and create a strong case for attracting strategic partnerships necessary for providing technological expertise all the three stock exchanges including Karachi Stock Exchange, Lahore Stock Exchange and Islamabad Stock Exchange were inducted into a unified Pakistan Stock Exchange.

If these numbers are correct, or even indicative in any broad sense, then 87 million Pakistanis belong to the middle and upper classes, a population size which is larger than that of Germany. [202] In 2011, the country has had a consistently poor ranking at the Transparency International's Corruption Perceptions Index with scores of 2.5,[203] 2.3 in 2010,[204] and 2.5 in 2009[205] out of 10. In the wake of 18th amendment to the constitution all the provinces are free to exploit and explore the mineral resources which are in their jurisdiction. Fiscal Sustainability: A Historical Analysis of Pakistan’s Debt Conundrum. [119] The foreign exchange reserves had declined more by $10 billion to a level of $6.59 billion. [217], Pakistan External Debt Servicing (Principal + Interest), Information communication technology industry, Foreign trade, remittances, aid, and investment.

[146] According to Pakistan Startup report, there are about 1 million freelancers working from Pakistan mainly via Elance, Upwork, Fiverr, Guru, and freelancer – world's famous online marketplaces that count Pakistan among top 5 freelancing nations. On the basis of previous estimates of GDP at Rs 33,509 billion, the fiscal deficit was recorded at 3.7 percent during first nine months of current fiscal year against 3.4 percent registered in the comparable period of FY 2016. Journal of the Asia Pacific Economy, 16 (1). The report noted that the present housing stock is also rapidly aging and an estimate suggests that more than 50% of stock is over 50 years old. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. [168] As of 2010, there were five public-owned commercial banks in Pakistan, as well as 25 domestic private banks, six multi-national banks and four specialized banks.[168]. Majority of the population, directly or indirectly, dependent on this sector. The top five countries were New Zealand, Singapore, Denmark, Hong Kong and South Korea. [190] Japan will provide $500 million annual economic aid to Pakistan. Textile industry in Pakistan is traditional and conservative, producing and exporting most of low cost raw articles e.g. [191] In November 2008, the International Monetary Fund (IMF) has approved a loan of 7.6 billion to Pakistan, to help stabilise and rebuild the country's economy. [173] The Pakistan Bureau of Statistics provisionally valued this sector at Rs.631,229 million in 2005 thus registering over 78% growth since 2000. 71–80.

The economy of Pakistan is the 23rd largest in the world in terms of purchasing power parity (PPP), and 42nd largest in terms of nominal gross domestic product. the company visit A reversal in global oil prices led to The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar.

Prime Minister’s Youth Program includes six schemes which are Prime Minister’s Youth Business Loan Scheme, Prime Minister’s Interest Free Loan Scheme, Prime Minister’s Youth Skill Development Program, Prime Minister’s Program for Provision of Laptops to Talented Students, Prime Minister’s Fee Reimbursement Scheme,Prime Minister’s Youth Training Scheme". [183], Pakistan receives economic aid from several sources as loans and grants. [103] But in 2008, after the General Elections, uncertain political environment, rising militancy along western borders of the country, and mounting inflation and current account deficits resulted in the steep decline of the Karachi Stock Exchange. [153] As a result, Pakistan won the prestigious Government Leadership award of GSM Association in 2006.

The International Monetary Fund (IMF), World Bank (WB), Asian Development Bank (ADB), etc. Pakistan was amongst the top five ranker with one of the highest SMS traffic with 763 million messages. Mining and quarrying contributes 13.19% in industrial sector and its share in GDP is 2.8%.

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