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Pakistan's economy remains under severe strain due to a debt crisis, with the country facing challenges in repaying $1.2 billion in outstanding payments. [27] In Pakistan, inflation maintains its upward trajectory, as indicated by the most recent official data, which shows a year-on-year increase of 35.4% in the consumer price index for March 2023.
2022 Pakistan floods in summer cause over $30 billion dollars in economic losses in Pakistan. [26] At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise ...
Ministry of Finance. ‹ 2021–22. 2023-2024 ›. On 10 June 2022, Finance Minister Miftah Ismail presented a federal budget of Rs 9.5 trillion for the financial year 2022–2023, which is nearly a trillion higher than the previous financial year. [1][2] On 29 June 2022, the National Assembly of Pakistan approved the passage of the Finance ...
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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 ]
Sardar Usman Ahmed Khan Buzdar (Urdu: عثمان بزدار; born 1 May 1969 [ 1 ]) is a Pakistani politician who was Chief Minister of Punjab from 20 August 2018 to 30 April 2022, when he was roundly criticised for alleged incompetence. Buzdar was a member of the Provincial Assembly of Punjab from August 2018 till January 2023 representing the ...
Legislative Assembly elections were held in Punjab on 20 February 2022 to elect the 117 members of the 16th Assembly of the Punjab Legislative Assembly. The votes were counted and the results were declared on 10 March 2022. [ 4 ] The Aam Aadmi Party gained a strong 79% majority in the sixteenth Punjab Legislative Assembly by winning 92 out of ...
Your Expected Family Contribution (EFC) is pumped out automatically by your Free Application for Federal Student Aid (FAFSA). EFC and FAFSA Problems: When Your Parents Can’t Help Pay for College ...