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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]
[22] [23] During the PTI period, Pakistan's total debt and liabilities increased by 80% while during three quarters of Fiscal Year 2021-22 the trade deficit rose 70% to $35.4 billion. [24] Due to high oil prices in the international market, Pakistan's oil import bill increased by 95.9% to $17.03 billion in the last ten-months of the PTI ...
Beximco is the single largest stakeholder in the bank, which is one of Bangladesh's largest. The conglomerate compromises four public traded and eight privately held companies. Bangladesh Export Import Co. Ltd. (public) [28] Beximco Pharma (public) [28] Beximco Computers Ltd. [29] Beximco Engineering Ltd. [30] Beximco Aviation Limited; Beximco ...
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Pakistan is also actively considering to import electricity from India and Tajikistan. World Bank offered to finance for conducting the feasibility study to import 1200 MW power from India. [52] [53] Pakistan is also exploring to import PNG via pipe line through Wagha border from India.
Electricity in Pakistan is generated, transmitted and distributed by two vertically integrated public sector companies, first one being Water and Power Development Authority responsible for the production of hydroelectricity and its supply to the consumers by electricity distribution companies (DISCOS) under the Pakistan Electric Power Company (PEPCO) being the other integrated company.
After Bangladesh (erstwhile East Pakistan) seceded from Pakistan in 1971, diplomatic ties between the two nations were not established until February 1974, when Pakistan recognised Bangladesh. [4] On 24 July 1976, the Bangladeshi government inaugurated a Trade Commission office in Karachi, thus establishing its diplomatic presence in the city.
Pakistan's gas fields are only expected to last for about another 20 years at the most due to heavy industrial usage. [12] [13] The Largest Gas Producing province of Pakistan is Baluchistan. The Sui gas field is the biggest natural gas field in Pakistan. It is near Sui in Balochistan. The gas field was discovered in the late 1952 and the ...