pakistan gdp 2020 in rupees

[59], As of May 2019, IMF has predicted that future growth rates will be 2.9%, the lowest in South Asia. Mining and quarrying contributes 13.19% in industrial sector and its share in GDP is 2.8%. The country is Asia's largest camel market, second-largest apricot and ghee market and third-largest cotton, onion and milk market. After logging in you can close it and return to this page. Total contribution of telecom sector to the national exchequer was RS. 110 billion? [153] As a result, Pakistan won the prestigious Government Leadership award of GSM Association in 2006. Pakistan also receives bilateral aid from developed and oil-rich countries. A massive rehabilitation plan worth $1 billion over five years for Pakistan Railways has been announced by the government in 2005. The country had at least 96,236 cases and 1,572 deaths as of July 7. [99][100][84], In the first four years of the twenty-first century, Pakistan's KSE 100 Index was the best-performing stock market index in the world as declared by the international magazine "Business Week". [208] In the long-term, the Pakistan GDP per capita is projected to trend around 1190.00 USD in 2021 and 1250.00 USD in 2022, according to our econometric models. “Political instability seems to be a more severe in India and Pakistan than in others” the report maintained. Due to threat of terrorism the number of foreigner tourists has gradually declined and the shock of 2013 Nanga Parbat tourist shooting has terribly adversely effected the tourism industry. Significant depreciation of the Pakistani rupee (the nominal e9ective exchange rate depreciated about 20 percent over the past year) resulted in inflationary pressures (SBP 2019). [119] The foreign exchange reserves had declined more by $10 billion to a level of $6.59 billion. With that Pakistan joined the 3G and 4G world. In addition to the 3.1 million fixed lines, while as many as 2.4 million are using Wireless Local Loop connections. The Federal Board of Revenue collected 3.842 trillion rupees in taxes against the revised target of 3.935 trillion rupees in the fiscal year 2017–2018. We are paralyzed untill we kick off corruption from the roots of this country. It is expected to promote trade, tourism, especially for exports destined for Europe (as Turkey is part of Europe and Asia). With recent agreement from Saudi Arabia to invest more than US dollar 15 billion in establishing a mega oil refinery and petrochemical industry in Gwadar more commitments for investments are on its way to come in this sector especially from UAE, Qatar, Malaysia and Italy. the Pakistani telecom sector has attracted more than $9 billion in foreign investments.

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