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According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
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]
Beximco is the single largest stakeholder in the bank, which is one of Bangladesh's largest. The conglomerate compromises four public traded and eight privately held companies. Bangladesh Export Import Co. Ltd. (public) [28] Beximco Pharma (public) [28] Beximco Computers Ltd. [29] Beximco Engineering Ltd. [30] Beximco Aviation Limited; Beximco ...
Engro Enengy Terminal Private Limited (EETPL), Port Qasim, Karachi [55] Pakistan GasPort Consortium Limited (PGPC)—the wholly owned subsidiary of Pakistan GasPort Limited (PGPL)—owns and operates the 750mmscfd LNG import terminal at Mazhar Point, Port Qasim, Karachi.
Karachi: Petroleum [2] 4: United Bank Limited: Rs. 467.92 billion (US$1.6 billion) Karachi: Banking [2] 5: Fauji Fertilizer Company: Rs. 466.05 billion (US$1.6 billion) Rawalpindi: Fertilizer [2] 6: Meezan Bank: Rs. 433.43 billion (US$1.5 billion) Karachi: Banking [2] 7: Colgate-Palmolive Pakistan: Rs. 364.96 billion (US$1.3 billion) Karachi ...
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.
After Bangladesh (erstwhile East Pakistan) seceded from Pakistan in 1971, diplomatic ties between the two nations were not established until February 1974, when Pakistan recognised Bangladesh. [4] On 24 July 1976, the Bangladeshi government inaugurated a Trade Commission office in Karachi, thus establishing its diplomatic presence in the city.
Gas supplies meet 56% of Bangladesh's energy demand. [1] However, the country faces an acute energy crisis in meeting the demands of its vast and growing population. Bangladesh is a net importer of crude oil and petroleum products. [1] The energy sector is dominated by state-owned companies, including Petrobangla and the Bangladesh Petroleum ...