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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 ...
The national debt of Pakistan ( Urdu: قومی قرضہ جاتِ پاکستان ), or simply Pakistani debt, is the total public debt, [ 1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2 ] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
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.
Asif Ali Zardari ( Urdu: آصف علی زرداری; Sindhi: آصف علي زرداري; born 26 July 1955) is a Pakistani politician serving as the 14th president of Pakistan since 10 March 2024. He is the president of Pakistan People's Party Parliamentarians and was the co-chairperson of Pakistan People's Party. [ 3]
These agencies touted their ability to distill events into "minute globules of news", 20–30 word summaries which conveyed the essence of new developments. [134] Unlike newspapers, and contrary to the sentiments of some of their reporters, the agencies sought to keep their reports simple and factual. [136]
The economy of Bangladesh is a major developing mixed economy. [ 3] As the second-largest economy in South Asia, [ 44][ 45] Bangladesh 's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
The Digital Rupee (e₹) [39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [41] Digital Rupee is using blockchain distributed-ledger technology. [42]