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In Pakistan, SMEs have a significant contribution to the total GDP of Pakistan. According to SMEDA and Economic survey reports, the share in the annual GDP is 40%, with SMEs generating significant employment opportunities for skilled workers and entrepreneurs. Small and medium-scale firms represent nearly 90% of all enterprises in Pakistan and ...
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
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 ...
2022 Pakistan floods in summer cause over $30 billion dollars in economic losses in Pakistan. [43] At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise ...
The Federal budget 2014–15 [6] was the federal budget of Pakistan for the fiscal year beginning from 1 July 2014 and ending on 30 June 2015.. Presented and submitted by Finance Minister Ishaq Dar on 30 June 2014 at the National Assembly, it was originally outlay ₨. 3.8tn; [7] eventually it was increased to ₨. 4.3tn after several recommendations were inserted on 21 June 2014. [5]
Economic mismanagement in general, and fiscally imprudent economic policies in particular, caused a large increase in the country's public debt and led to slower growth in the 1970s. Two wars with India - the Second Kashmir War in 1965 and the separation of Bangladesh from Pakistan also adversely affected economic growth. [35]
According to the 1961 census, the population of Pakistan was 93 million, with 42.8 million residing in West Pakistan and 50 million residing in East Pakistan. [ 16 ] [ 17 ] The literacy was 19.2%, in which East Pakistan had a literacy rate of 21.5% while West Pakistan had a literacy rate of 16.9%. [ 18 ]
The 2023 Census of Pakistan was the detailed enumeration of the Pakistani population and the seventh national census in the country. [1] [2] [3] It was conducted by the Pakistan Bureau of Statistics. [4] It was also the first ever digital census to be held in Pakistan, including the first in South Asian history. [5]