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In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
As of the 2017 Census, there are two megacities, ten million-plus cities, and 100 cities having a population of 100,000 or more. Of these 100 cities, 58 are located in the country's most populous province, Punjab, 22 in Sindh, 11 in Khyber Pakhtunkhwa, six in Balochistan, two in Azad Kashmir, and one in Islamabad Capital Territory.
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.
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Take advantage of the half-off sale items before they sell out. ... giving you an incredible extra 50% off sale ... but the deals stop at 11:59 PM ET on July 7, so shop soon, before you miss your ...
The Pakistan Super League ( PSL) Urdu: پاکستان سپرلیگ (also known as the HBL PSL for sponsorship reasons) is a men's Twenty20 cricket league contested by six city-based franchise teams. The league was founded in 2015 by the Pakistan Cricket Board. Instead of operating as an association of independently owned teams, the league is a ...
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