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The government of Pakistan initially awarded port operation responsibilities of Gwadar Port to Port of Singapore (PSA), a subsidiary of the government of Singapore, in Feb 2007 for 40 years, [17] expecting to take advantage of PSA expertise in maritime operation and increase trade. PSA operates 22 ports in 11 countries.
The Pakistan Economic Survey is an annual report on the performance of the economy, focusing in particular on major macroeconomic indicators. Finance Minister Shaukat Tarin briefed on 10 June 2021, the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the economy rebound and post GDP growth of 3.94 per ...
Karachi the economic capital of Pakistan. Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]
In June 2023, the Pakistani government unveiled an "Economic Revival Plan" according to which, plans on investments in key areas of production such as on agriculture, mining, Information Technology, defence and the energy sector were discussed. [58] PM Shehbaz Sharif also lauded China for assisting his country in the current economic crisis. [59]
Government ministers met in 2005 to explore potential trade opportunities. [328] Bilateral trade in 2010 totaled US$2.4 million per year and growing yearly. [329] Pakistan exports carpets, and has one of the most feared militaries in the world also g side with surgical instruments to Paraguay, whereas Paraguay exports pharmaceuticals [330] Suriname
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
This is an accepted version of this page This is the latest accepted revision, reviewed on 31 January 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...
[5] Bhutto had won the popularity on economic and social justice, but studies shows that income distribution had worsened under his government. [5] Mohiuddin pointed out that the Gini coefficient was increased by nearly ~22.0% in rural areas and ~10.0% in urban areas. [5]