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In 1974, it was renamed Allied Bank of Pakistan following its nationalization, during which Sarhad Bank, Lahore Commercial Bank, and Pak Bank were merged into it. As of 2025, Allied Bank Limited is the 7th largest bank in Pakistan by market capitalization and serves about 7% of all Pakistani bank deposits.
Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Pakistan agriculture also benefits from year-round warmth.
In February 2010, Anne W. Patterson (U.S. Ambassador to Pakistan) said that the United States is committed to a partnership with Pakistan and further said "Making this commitment to Pakistan while the U.S. is still recovering from the effects of the global recession reflects the strength of our vision. Yet we have made this commitment, because ...
The paper also reports that Pakistan received the most aid out of all the countries in Southern Asia, with India just behind receiving $589 million in 2015. The biggest part of the aid to Pakistan was given for basic education. Out of the total $649 million, $371 million or 57.16 per cent was given for basic education. [1]
Aga Khan University Hospital was established in 1985 with a US$300 million investment from Prince Karim Aga Khan. The government of Muhammad Zia-ul-Haq provided an 84-acre site for the hospital at no cost. [1]
CPEC's potential impact on Pakistan has been compared to that of the Marshall Plan, undertaken by the United States in the post-war Europe. [ 12 ] [ 13 ] [ 14 ] Following the proposal by Chinese President Li Keqiang in 2013, [ 7 ] Onc operational, the existing 12,000 km journey for oil transportation to China will be reduced to just 2,395 km ...
Lahore exerts a strong cultural and political influence over Pakistan. [29] A UNESCO City of Literature and major centre for Pakistan's publishing industry, Lahore remains the foremost center of Pakistan's literary scene. The city is also a major centre of education, [30] with some of Pakistan's leading universities based in the city. [31]
The Pakistan People's Party (Urdu: پاکستان پیپلز پارٹی, Sindhi: پاڪستان پيپلز پارٽي; abbr. PPP) is a centre-left political party in Pakistan, currently being the largest in the Senate and second-largest party in the National Assembly.