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A U.S. Army soldier gives a young Pakistani Kashmiri girl a drink of water as they are airlifted from Muzaffarabad to Islamabad. The international response to the 2005 Kashmir earthquake was widespread and immediate, as many countries, international organizations and non-governmental organizations offered an abundance of relief aid to the affected regions − particularly Pakistan, which was ...
Pakistan and the United States established relations on 15 August 1947, a day after the independence of Pakistan, when the United States became one of the first nations to recognize the country. The relationship between the two nations has been described as a "roller coaster" characterized by close coordination and lows marked by deep bilateral ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
It confirmed Karachi’s status as Pakistan’s largest economy, well ahead of the next two biggest cities Lahore and Faisalabad, which had a reported GDP (PPP) in 2008 of $40 billion and $20.5 billion, respectively. [14] Karachi's high GDP is based on its large industrial base, with a high dependency also on the financial services sector.
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
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Benazir Bhutto [a] (21 June 1953 – 27 December 2007) was a Pakistani politician and stateswoman who served as the 11th and 13th prime minister of Pakistan from 1988 to 1990 and again from 1993 to 1996. She was the first woman elected to head a democratic government in a Muslim-majority country.
According to the World Travel and Tourism Council, the direct contribution of travel and tourism to Pakistan's GDP in 2016 was Rs. 793 billion (equivalent to Rs. 4.0 trillion or US$14 billion in 2021), constituting 2.7% of the total GDP. [8]
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