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In March 2010, Pakistan Gems and Jewellery Development Company organized two training courses to train workers in Lahore, Pakistan. [3] In June 2013, Pakistan's gems and jewellery exports had risen from approximately $47 million to $1.2 billion since the establishment of Pakistan Gems and Jewellery Development Company in 2006. [4]
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]
The Pakistan Rangers (Urdu: پاکستان رینجرز) are a pair of paramilitary federal law enforcement corps' in Pakistan.The two corps are the Punjab Rangers (operating in Punjab province with headquarters in Lahore) and the Sindh Rangers (operating in Sindh province with headquarters in Karachi).
In late 2009, Pakistan held up many visas for U.S. diplomats, military service members and others, because of hostility inside Pakistan toward the expansion of U.S. operations in the country, [8] while many suspected Americans living in Pakistan were detained following five American terrorists linked to Al-Qaeda arrested in Sargodha. [9] [10] [11]
This is on par with Karachi, Pakistan's economic hub, with Lahore (having half the population) fostering an economy that is 51% of the size of Karachi's ($78 billion in 2008). [181] It is estimated that Lahore contributes 11.5% to the national economy, and 19% to the provincial economy of Punjab. [ 182 ]
Karachi: Banking [2] 7: Colgate-Palmolive Pakistan: Rs. 364.96 billion (US$1.3 billion) Karachi: Fast-moving consumer goods [2] 8: Pakistan Tobacco Company: Rs. 340.26 billion (US$1.2 billion) Islamabad: Tobacco [2] 9: Nestlé Pakistan: Rs. 337.85 billion (US$1.2 billion) Lahore: Fast-moving consumer goods [2] 10: MCB Bank: Rs. 333.36 billion ...
New Zealand's players pose for photo with trophy after winning the tri-series final against Pakistan, in Karachi, Pakistan, Friday, Feb. 14, 2025. (AP Photo/Fareed Khan) ASSOCIATED PRESS
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.