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The second five-year plans oversaw the development of water and power utilities in East and West Pakistan and had energy sector built with the help from private-sector. [11] The financial services heavily depended on the foreign investment and aid from the United States that bolstered the economy. [ 12 ]
Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. Average annual real GDP growth rates [25] were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. Average annual growth fell to 4.6% in the 1990s with significantly lower ...
Second Five-Year Plan may refer to: Second five-year plan of Argentina; Second Five-Year Plan (Bhutan) Second Five-Year Plan (China) Second Five-Year Plan (India) Second Five-Year Plan (Nepal) Second Five-Year Plans (Pakistan) Second Five-Year Plan (Romania) Second Five-Year Plan (South Korea) Second Five-Year Plan (Soviet Union) Second Five ...
Pakistan Television established its second studio in Dacca after Lahore in 1965. Runa Laila was Pakistan's first pop star and became popular in India as well. Shabnam was a leading actress from East Pakistan. Feroza Begum was a leading exponent of Bengali classical Nazrul geeti. Jasimuddin and Abbasuddin Ahmed promoted Bengali folk music.
6 September – Border disputes over Kashmir erupt into full-scale war as Indian forces attack near Lahore. [3] [4]14 September – The Battle of Chawinda commences. [5]23 September – A ceasefire is implemented in the Indo-Pakistani war of 1965.
Five-Year Plans of Ethiopia; Five-Year Plans of India, which existed from 1947 to 2017; Five-Year Plans of Nepal; Five-Year Plans of Pakistan, centralized economic plans and targets as part of economic development initiatives; Five-Year Plans of Romania, economic development projects in Communist Romania, largely inspired by the Soviet model ...
US announces $3-billion five-year economic assistance package for Pakistan. 4 July: 2003 Quetta mosque bombing, 44 killed. 11 July: Lahore-Delhi bus service resumed after suspension of 18 months. August: Floods in Sindh province result in tens of thousands of people fleeing to relief camps and a food crisis. [175]
In preparation for the second five-year plan (1960—65), the necessity to separate the railway finances from the general revenues continued to be felt. [ 8 ] After the first session of the third National assembly , P resident Ayub Khan issued a presidential order (PO 33) on 9 June 1962.