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A cargo vessel from Pakistan’s Karachi has docked at Bangladesh’s southeastern coast, marking the first-ever direct maritime contact between the two countries since the 1971 Bangladesh ...
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.
The Bangladesh Liberation War in 1971 resulted in the secession of East Pakistan as the People's Republic of Bangladesh. Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial. [citation needed]
The term "fan chart" was coined by the Bank of England, which has been using these charts and this term since 1997 in its "Inflation Report" [1] [2] to describe its best prevision of future inflation to the general public. Fan charts have been used extensively in finance and monetary policy, for instance to represent forecasts of inflation.
China lent Pakistan further 700 million dollars to shore up Forex reserves. [49] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [50] Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a default could be a "real possibility". [51]
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 February 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
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]
After that in 1996, the Bangladesh Navy with support from the French government has modernized under the Hydro Bangla Project-1. [4] After 5 years, Hydro Bangla Project-2 was completed and Bangladesh Navy Hydrographic & Oceanographic Center was established in 2001.