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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 ]
During the 1960s, Pakistan was seen as a model of economic development around the world, and there was much praise for its rapid progress. Many countries sought to emulate Pakistan's economic planning strategy, including South Korea, which replicated the city of Karachi's second "Five-Year Plan."
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 ...
An indirect referendum on confidence in President Muhammad Ayub Khan was held in Pakistan on 14 February 1960, [1] with voters asked whether he should remain president for another five years, having held the position since 1958 after overthrowing the previous government in a military coup.
Since 1952, the commission have had a major influence and role in formulating the highly centralized and planned five-year plans for the national economy, for most of the 20th century in Pakistan. Although the five-year plans were replaced by Medium Term Development Framework, the commission still played an influential and central role in the ...
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.
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]