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Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [ 2 ] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [ 2 ]
In 1960, the federal capital was moved from Karachi to Rawalpindi and in 1961, the Federal Capital Territory was also merged into West Pakistan. In 1966, the capital was again moved to the newly constructed city of Islamabad. In 1962, Dacca was made the legislative capital of the country due to East Pakistan's high population. [14]
The Indus Waters Treaty was signed by both countries in September 1960, giving exclusive rights over the three western rivers of the Indus river system (Jhelum, Chenab and Indus) to Pakistan, and over the three eastern rivers (Sutlej, Ravi and Beas) to India, as long as this does not reduce or delay the supply to Pakistan. India therefore ...
The Reina–Valera is a Spanish translation of the Bible originally published in 1602 when Cipriano de Valera revised an earlier translation produced in 1569 by Casiodoro de Reina. This translation was known as the "Biblia del Oso" (in English: Bear Bible ) [ 1 ] because the illustration on the title page showed a bear trying to reach a ...
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 43rd largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952. [3]
1 October – National Prize Bonds are introduced in the denomination of Rs. 10 each. They bear no interest, but are eligible for a prize of up to Rs. 20,000 in quarterly drawings starting six months after sale. [17] 10 October – A severe cyclone hits Noakhali and Chittagong districts of East Pakistan, killing more than 5,000 people. [18]
The Five-Year Plans for the National Economy of Pakistan (Urdu: اقتصادی منصوبہ جاتِ پنج سالہ ، پاکستان) (otherwise publicly known as Five-Year Economic Plans for the National Economy), were the series of nationwide centralised economic plans and targets as part of the economic development initiatives, in the Pakistan. [1]