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Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
In February 2023, a Moody economist predicted that inflation in Pakistan could average 33% in the first half of the year 2023. China lent Pakistan further 700 million dollars to shore up Forex reserves. Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years.
The Pakistan Stock Exchange ( Urdu: بازارِ حِصَص پاکستان, abbreviated as PSX) is a stock exchange in Pakistan with trading floors in Karachi, Islamabad, and Lahore. The Lahore floor has a subfloor in Sialkot. [4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6]
Founded on 4 April 2004 From Quetta balochistan. Online (digital) publication started in 2011. 3. The Dayspring [4] Fortnightly. English. Islamabad. 2018. Pakistan first youth centric news agency independent newspaper of Dayspring Media, launched on 1 November 2018.
The 2024 Azad Kashmir demonstrations were a series of six day long protests, sit-ins, shutter-downs, demonstrations and wheel-jam strikes starting on 8 May against the Federal Government of Pakistan and the Government of Azad Kashmir, calling for lower prices for wheat, flour, and electricity, in addition to other demands.
In 2005, Pakistan produced 21,591,400 metric tons of wheat, more than all of Africa (20,304,585 metric tons) and nearly as much as all of South America (24,557,784 metric tons), according to the FAO. The country had harvested more than 25 to 23 million tons of wheat in 2012. Pakistan has also cut the use of dangerous pesticides dramatically.
Member of National Assembly of Pakistan, Big Crane General Transport LLC: 3: Mian Muhammad Mansha: $2.5 billion: 2008: Nishat Group, Nishat hotels, Nishat Hyundai Motors Plant in Faisalabad, MCB Bank, DG Khan Cement, Owner of Emporium Mall, Adamjee Group, Nishat Chunian Group Textile mills: 4: Tariq Sayeed Saigol: $900 million: 2020: Saigol ...
Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre.
In 1947, Pakistan consisted of West Pakistan (today's Pakistan) and East Pakistan (today's Bangladesh). The President of All-India Muslim League and later the Pakistan Muslim League, Muhammad Ali Jinnah became Governor-General while the secretary general of the Muslim League, Liaquat Ali Khan became Prime Minister.
Cotton is grown mostly in the two provinces of Punjab and Sindh, with the former accounting for 79% and the latter for 20% of the nation's cotton-growing land. It is also grown in Khyber Pakhtunkhwa (KPK) and Balochistan provinces. The total land area of cotton cultivation was reported as 2,950,000 hectares (7,300,000 acres) during the 2014 ...