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In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
2024 Kiteezi landslide. The death toll from a landslide at the Kiteezi Rubbish Dump in Kampala, Uganda, increases to 21. (Reuters) Two people are killed and twelve families are displaced in an explosion possibly attributed to a gas leak in Bel Air, Maryland, United States. (AP) International relations.
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
The incumbent government of Pakistan under Prime Minister Imran Khan has presented its third budget for the Fiscal Year 2021-22. This budget has a value of Rs8.49 trillion, an increase of Rs700 billion over the last budget, and a GDP growth rate target of 4.8 percent. The 2021-22 budget is important as the country has presented positive ...
To prove that point, let's check out 10 amazing facts about donkeys that you probably don't already know! Donkeys: the ultimate eavesdroppers of the barnyard. cctm via Shutterstock. 1. Donkeys Are ...
Pakistan Mint. Valuation. Inflation. 11.8% (May 2024) The Pakistani rupee ( ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.
Pakistan’s new coalition government presented its first budget in parliament on Wednesday, promising an increase of up to 25% in the salaries of government employees and setting an ambitious tax ...
7 News Urdu: 2016 Lahore [1] Suno News HD 10 October 2022 [2] 24 Digital: 2015 92 News: 6 February 2015 [3] Aaj News: 23 March 2005 Karachi [4] Abb Takk News: 19 April 2013 [5] Apna News: 14 October 2004 [6] ARY News: 26 September 2004 [7] BOL News: 25 December 2016 [8] Capital TV: 10 April 2013 Islamabad [9] Channel ۵ (5) 2008 Lahore [10 ...