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The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [57] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
Pakistan, [e] officially the Islamic Republic of Pakistan, [f] is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, [g] having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre.
Military expenditure figures are presented in United States dollars based on either constant or ... 8.7 1.6 0.4 30 Pakistan: 8.5 2.8 0.3 31 Denmark: 8.1 2.0 0.3 ...
With a worldwide box-office gross of more than Rs. 4 billion, [1] The Legend of Maula Jatt is the highest-grossing Pakistani film. The following list shows Pakistan's top 24 highest-grossing films, which include films from all the Pakistani languages. These figures are not adjusted for ticket prices inflation.
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers. [ 2 ]
Pakistan owes US$7.541 billion to Paris Club, US$38.813 billion to multilateral donors, US$7.596 billion to International Monetary Fund, and US$7.8 billion to international bonds such as Eurobonds, and Sukuks. [14] According to a report by AidData, Pakistan's total external debt owed to China amounted to $68.91 billion as of November 2023. [13]
According to the World Travel and Tourism Council, the direct contribution of travel and tourism to Pakistan's GDP in 2016 was Rs. 793 billion (equivalent to Rs. 4.0 trillion or US$14 billion in 2021), constituting 2.7% of the total GDP. [8] By 2025, the government predicts tourism will contribute Rs.
By 1970, Pakistan was passing through a serious economic and political crisis, which eventually led to the secession of East Pakistan in 1971. The rapid economic development of the 1950s and 1960s could not be sustained by 1970, and a wave of nationalization of business and industry was unfolding under Prime Minister Zulfiqar Ali Bhutto .