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Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s. In the fiscal year 1959–60, the Per Capita Gross National Product (GNP) stood at Rs. 355 in West Pakistan and Rs. 269 in East Pakistan, indicating a growing economic disparity between the two regions. [45]
GDP per capita development in India, Pakistan and Bangladesh. Pakistan's population has grown rapidly from around 30 million in 1947 to over 220 million in 2020. 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.
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 ]
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City center Peshawar. The economy of Khyber Pakhtunkhwa, a province of Pakistan, is the 3rd largest in the country. Khyber Pakhtunkhwa's share of Pakistan's total GDP has historically comprised 10.5%, although the province accounts for 11.9% of Pakistan's total population, rendering it the second-poorest province after neighboring Balochistan.
WWE's sponsorship revenue for SummerSlam rose 23% from a year ago to $7 million, the most for any event outside of WrestleMania. It was the best performance in company history for any premium live ...
April 21 – The World Bank expects that poverty will start reducing soon in Pakistan, as the country has surpassed most of the targets set by the bank under its country assistance strategy (CAS). April 29 – Pakistan Telecommunication Company Limited (PTCL) earns a net profit of Rs 19.53 bn in the first three quarters of the financial year.
While the debt grew at around 14 percent per year on average, the GDP was growing at only 3 percent per year on average. This led to an unsustainable debt burden. In the fiscal year 2022–23, the debt servicing obligations of Rs. 5.2 trillion exceed the entire federal government revenue. [8]