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Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.
Islamabad officially became the capital of Pakistan on 14 August 1967, exactly 20 years after the country's independence. [1] The first capital of Pakistan was the coastal city of Karachi in Sindh, which was selected by Muhammad Ali Jinnah. [1] Karachi was and still is the largest city and economic capital of Pakistan.
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Nazimabad District (Urdu: ضلع ناظم آباد ), formerly Karachi Central District, is an administrative district of Karachi Division in Sindh, Pakistan created in 1996. According to 2023 Pakistani census population of Nazimabad District is 3,822,325 (3.8 million).
It serves as a Pakistan Army military base and residential establishment. It was originally established by the British in August 1839 as a military base for the British Army, and was taken over by the Pakistan Army in 1947. The cantonment maintains sewerage, sanitation, roads, buildings control, transfer of immoveable properties, death, birth ...
West of Karachi city is the Cape Monze, locally known as Ras Muari, which is an area characterized by sea cliffs, rocky sandstone promontories and undeveloped beaches. As Karachi is situated on the Arabian Sea, so it serves as a transport hub and is home to two of Pakistan's largest seaports, namely, the Port of Karachi and Port Bin Qasim. Port ...
Keamari District, (Urdu: ضلع کیماڑی) is an administrative district of Karachi Division in Sindh, Pakistan created on August 21, 2020 after it was carved out of District West Karachi. Baldia Town, SITE Town, Mauripur Town & Keamari Town ended up being part of the newly created Keamari District.