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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. [56] 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.
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]
For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹ 15 crore". [1] In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh ...
Pakistan suffered a currency crisis when the government failed to arrest the 30% fall in the value of the Pakistani Rupee from ₨. 21 to ₨.30 per U.S. dollar. Soon economic progress became her top priority but her investment and industrialisation programs faced major setbacks due to conceptions formed by investors based upon her People's ...
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.
The plan was awarded 7.5 billion rupees ($46m) in funding. [286] According to an editorial published in The Nation in September 2022, the Auditor General of Pakistan (AGP) discovered over Rs3.49 billion in irregularities during the three-year special audit of the PTI flagship 10-Billion Tree Tsunami Project (BTTP). The irregularities included ...