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Chinese officials blamed the West for Pakistan’s economic crisis, [104] and state media continues to talk about the strengths of the China-Pakistan Economic Corridor. [105] “Only China has given a full plan. From this perspective, it is the Western world that ‘abandoned’ Pakistan, and China is the one that extended a helping hand.
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 43rd largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
The 2022–2024 Pakistan political unrest is series of political crises after the ousting of former prime minister Imran Khan through a no-confidence motion at 12 p.m., 10 April 2022. [15] The crises began in 2022 when the opposition joined hands and submitted a no-confidence motion against Imran Khan's government in the National Assembly .
Constant economic pressure and failure of the planned economy led the dismissal from power of Benazir Bhutto in 1996 when she failed to materialize her and the relatively poor economic growth. By the 1996, the economic GDP growth had reached to 1.70% [ 13 ] (lowest growth since 1970) and the rate of inflation had risen to 10.79% (highest since ...
The Five-Year Plans for the National Economy of Pakistan (Urdu: اقتصادی منصوبہ جاتِ پنج سالہ ، پاکستان) (otherwise publicly known as Five-Year Economic Plans for the National Economy), were the series of nationwide centralised economic plans and targets as part of the economic development initiatives, in the Pakistan. [1]
Heavy rains that swept across Pakistan have left at least 29 people dead and 50 others injured, collapsed houses and triggered landslides that blocked roads, particularly in the northwest ...
10 January – The Supreme Court of Pakistan upholds the 2019 death sentence upon former leader Pervez Musharraf, who died in February 2023. [ 4 ] 16 January – 2024 Iranian missile strikes in Pakistan : Iran launches a missile attack within Balochistan , targeting what it describes are terrorist sites.
During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $589,251 in 2023) on 13 December 1995. [3]