Search results
Results from the WOW.Com Content Network
During this period, Pakistan faced a worsening trade balance, with deficits increasing from −831 million Rupees in 1950/51 to −1043 million Rupees in 1959/60. Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s.
The Pakistani rupee has remained relatively stable against the US dollar since 2015, though it declined about 10 percent between November 2017 and March 2018. [1] Balance of payments concerns have also reemerged as a result of a significant increase in imports and weak export and remittance growth.
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.
The Pakistan Stock Exchange (PSX) (Urdu: پاکستان اسٹاک ایکسچینج), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
After the fall of Sindh in 1842 and Punjab in 1849, a large part of the territory of today's Pakistan came under rule of the British Empire. From 1842 to 1857, a small number of immigrants from Punjab, Sindh, and Kashmir began arriving in the British Isles as employees of the British East India Company , typically as lashkars and sailors in ...
Under CPEC, another 250 MW of electricity are to be produced by the Chinese-Pakistan consortium United Energy Pakistan and others at a cost of $659 million. [ 187 ] [ 188 ] Another wind farm, the Dawood Wind Power Project , is under development by HydroChina at a cost of $115 million and will generate 50 MW of electricity by August 2016.
Signature. Muhammad Ishaq Dar (Urdu: محمد اسحاق ڈار; born 13 May 1950), is a Pakistani politician who currently serves as Foreign Minister of Pakistan and the Deputy Prime Minister of Pakistan since 2024. He previously served as Finance Minister of Pakistan from 2022 to 2023, as Leader of the House for the Senate since 2022, and as ...
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]