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LG said Vietnam provides an "abundant labor force" and that 750 workers at its South Korean handset factory would be relocated to its home appliance plant. On 5 April 2021, LG announced its withdrawal from the phone manufacturing industry after continuous loss in the market. In 2020, LG faced a loss of 5 trillion won (US$4.4 billion). [20] [21 ...
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Highest-grossing films of 2023 by In-year release in Pakistan; Rank Film Domestic gross Country Language Ref. Notes. 1 Fast X: Rs. 26.00 crore (US$909,856) United States
25 July - 2021 Azad Kashmiri general election; 28 July - 2021 Islamabad flooding; 8 August - Pakistan at the 2021 Islamic Solidarity Games; 9 August - August 2021 Quetta bombing; 12 August - Pakistan Ordnance Factories explosion; 14 August - Karachi grenade attack; 17 August - Vandalism of Maharaja Ranjeet Singh's statue in Lahore
21 March – 2023 Afghanistan–Pakistan earthquake, Parts of Afghanistan and Pakistan were hit by a strong earthquake measuring 6.8 on the Richter scale, resulting in casualties and property damage. At least 11 people died in Pakistan, and a total of ten deaths were reported in Afghanistan and Pakistan combined as a result of the earthquake.
In May 2023, Pakistan's inflation rate reached 38%, surpassing Sri Lanka to become the highest country in Asia. [ 57 ] 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 ...
Pakistan owes US$7.541 billion to Paris Club, US$38.813 billion to multilateral donors, US$7.596 billion to International Monetary Fund, and US$7.8 billion to international bonds such as Eurobonds, and Sukuks. [14] According to a report by AidData, Pakistan's total external debt owed to China amounted to $68.91 billion as of November 2023. [13]
The Federal budget 2020–2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. The budget was presented in the Parliament by the Federal Minister Hammad Azhar . [ 1 ]