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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]
Pakistan inherited the territory comprising its current provinces from India following the Partition of India on 14 August 1947. Two days after independence, the Muslim -majority Murshidabad district in Bengal was moved out of the Dominion of Pakistan and put within the Dominion of India due to a boundary adjustment by the Radcliffe Commission ...
US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [30]
For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
The four provincial governments of Pakistan administer the four provinces of Pakistan. [1] There is also a federal capital territory and two territories which have similar governments but with some differences. The head of each province is a non-executive Governor appointed by the President.
The number of districts rose to 106 again in December 2004, when four new districts were created in the province of Sindh of which one (Umerkot) had existed until 2000 and three districts (Kashmore, Qambar and Jamshoro) were newly created. [4] [a] The new districts were carved out of Mirpur Khas, Jacobabad, Larkana and Dadu Districts respectively.
The following tables show the current total 38 divisions of Pakistan with 31 divisions by province i.e., 8 divisions of Balochistan, 7 divisions of Khyber-Pakhtunkhwa Province, 10 divisions of Punjab, with their respective populations as of the 2023 Census of Pakistan, [9] and the 6 divisions of Azad Jammu & Kashmir and Gilgit-Baltistan and ...