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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]
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.
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.
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: Nasir Schon: $1 billion: 2023: Schön Group, Schön ...
Founded on 4 April 2004 From Quetta balochistan. Online (digital) publication started in 2011. 3. The Dayspring [4] Fortnightly. English. Islamabad. 2018. Pakistan first youth centric news agency independent newspaper of Dayspring Media, launched on 1 November 2018.
Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month. [3]
Below is a summary of the applicable sales tax rates in Pakistan: Sales tax on goods: 18%. Sindh Sales tax on services: 19.5%. Punjab Sales tax on services: 16%. Balouchistan Sales tax on services: 15%. Khyber Pakhtunkhwa (KPK) Sales tax on services: 19.5%. Islamabad Capital Territory (Tax on Services): 16%.
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.
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.
On the 16th of February 2023, the Government of Pakistan had raised the price of petrol in adherence to the wishes of the IMF (International Monetary Fund). In response to the governments hike of petrol prices at the behest of the IMF and because of the ensuing inflation Tehreek-e- Labbaik(TLP) had called for what was known as the shutter-down ...