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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 2018, a young entrepreneur in Karachi, Abid Omar, launched the Pakistan Air Quality Initiative to monitor air quality in Pakistan's big cities. The project aims to increase the availability of air quality data in Pakistan and make citizens more aware of the health impacts of air pollution. [ 14 ]
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 (/ k ə ˈ r ɑː tʃ i /; Urdu: کراچی [kə.ɾɑː.t͡ʃiː]; Sindhi: ڪراچي ; IPA: [kəˈraːtʃi] ⓘ) is the capital city of the Pakistani province of Sindh.It is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million.
In November 2013, Pakistan and China confirmed that CAP1400 Nuclear reactor, based on AP1000 Westinghouse Electric Company Pressurized water reactor, will be built at Karachi. [12] Questions are also raised about the design model of the proposed Karachi power plants.
On 12 August 2015, in the city of Karamay, China and Pakistan signed 20 additional agreements worth $1.6 billion to further expand the scale and scope of CPEC. [56] Details of the plan remain opaque, [ 57 ] but it is reported to mainly focus on increasing energy generation capacity.
Karachi the economic capital of Pakistan. Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [ 65 ]
Raja Pervaiz Ashraf, the Federal Minister of Water & Power of Pakistan, announced on 2 July 2009 that 7,000 villages would be electrified using solar energy by 2014.. Senior adviser Sardar Zulfiqar Khosa stated that the Punjab government would begin new projects aimed at power production through coal, solar energy and wind power; this would generate additional res