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The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
During this period, Pakistan faced a worsening trade balance, with deficits increasing from −831 million Rupees in 1950/51 to −1043 million Rupees in 1959/60. Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s.
Pakistan Civil Aviation Authority (PCAA) has planned the expansion of the terminal building and the number of gates will be increased from 7 to 22, with a corresponding increase in remote bays. This will increase the annual passenger capacity of Lahore Airport from 6 million to 20 million which will be sufficient to cater to the passenger load ...
Pakistan and its two largest city economies. Source: [1] As of 2019, Lahore had an estimated GDP of $84 billion. [2] [3] As of 2008, the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%).
Get the Lahore, Punjab local weather forecast by the hour and the next 10 days.
The city has always been a centre for publications; 80% of Pakistan's books are published in Lahore, and it remains the foremost centre of literary, educational, and cultural activity in Pakistan. [30] The Lahore Expo Centre is one of the biggest projects in the history of the city and was inaugurated on 22 May 2010. [184]
The Pakistani 75 Rupee Commemoration Notes are Commemorative denominations of Pakistani Rupee issued by the State Bank of Pakistan(SBP).The Green Coloured 75 Rupee Note was released on 17th August 2022 marking the 75th Independence Anniversary of Pakistan, featuring key figures in the nation's history to commemorate their "struggles" for the country.
Bahawalpur was announced as one of six cities in Punjab whose security would be improved by the Punjab Safe Cities Authority. 5.6 billion Rupees were allocated for the project, [48] for the city to be modeled along the lines of the Lahore Safe City project in which 8,000 CCTV cameras were installed throughout the city at a cost of 12 billion ...