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It is expected to exceed the $13 billion mark by 2018.The defence industry of Pakistan, under the Ministry of Defence Production, was created in September 1951 to promote and coordinate the patchwork of military production facilities that have developed since independence.It is currently actively participating in many joint production projects such as Al Khalid 2, advance trainer aircraft, combat aircraft, navy ships and submarines. This was compounded by structural supply side constraints including energy shortages, high input costs and an overvalued exchange rate. However, in subsequent years exports have declined considerably. So in only 5 years it almost double its tax revenue which is a phenomenal achievement.The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. This decline in remittances is mainly due to the adverse economic conditions of Arabian and gulf countries after the fall in oil prices in 2016. However, by 2013, Pakistan's The information communication technology (ICT) industry grossed over $4.8 billion in 2013. During FY 2017 the size of federal PSDP has increased to Rs 800 billion from Rs 348.3 billion during FY 2013, showing a cumulative increase of over 129 percent.
In 1947, Pakistan had inherited four cement plants with a total capacity of 0.5 million tons. 10% of United States imports regarding clothing and other form of textiles is covered by Pakistan.The textile sector accounts for 70% of Pakistan's exports, but the working conditions of workers are deplorable. The Pakistan daily Tribue has reported quoting the think tank of Lahore School of Economics (LSE) which has used a general equilibrium macro (GEM) model, estimated Pakistan may experience a 2.9 per cent contraction in GDP growth in 2020, as a result of a three-month lockdown (March to May). Both countries together share 9.78% and 18.15% of total The rankings are released by Point Topic Global broadband analysis, a global research centre.According to the report released by PTA for the FY 2017–18 :-A massive rehabilitation plan worth $1 billion over five years for Pakistan has a large and diverse banking system. Raw Cotton, Yarn, fabric etc. Textile industry in Pakistan is traditional and conservative, producing and exporting most of low cost raw articles e.g. Pakistan exports rice, cotton, fish, fruits (especially Oranges and Mangoes), and vegetables and imports vegetable oil, wheat, pulses and consumer foods. Going forward one can expect improvements in the coming years. In recent years, majority stakes in many corporations have been acquired by multinational groups. Most of the Textile Industry is established in Punjab. In the past, excessive red tape made firing from jobs, and consequently hiring, difficult. 71–80.
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure and on 11 October 2008, State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7749.7 million.Agriculture accounted for about 53% of GDP in 1947.
47.1% increase in Net FDI in 2014–2015 (July–October) as compared to 2013–14 (July–October).With the rapid growth in Pakistan's economy, foreign investors are taking a keen interest in the corporate sector of Pakistan. Since 1973 the Pakistani workers in the oil rich Arab states have been sources of billions of dollars of remittances.
From financial year 2014 to 2016, exports declined by 12.4 percent.
It is expected to exceed the $13 billion mark by 2018.The defence industry of Pakistan, under the Ministry of Defence Production, was created in September 1951 to promote and coordinate the patchwork of military production facilities that have developed since independence.It is currently actively participating in many joint production projects such as Al Khalid 2, advance trainer aircraft, combat aircraft, navy ships and submarines. This was compounded by structural supply side constraints including energy shortages, high input costs and an overvalued exchange rate. However, in subsequent years exports have declined considerably. So in only 5 years it almost double its tax revenue which is a phenomenal achievement.The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. This decline in remittances is mainly due to the adverse economic conditions of Arabian and gulf countries after the fall in oil prices in 2016. However, by 2013, Pakistan's The information communication technology (ICT) industry grossed over $4.8 billion in 2013. During FY 2017 the size of federal PSDP has increased to Rs 800 billion from Rs 348.3 billion during FY 2013, showing a cumulative increase of over 129 percent.
In 1947, Pakistan had inherited four cement plants with a total capacity of 0.5 million tons. 10% of United States imports regarding clothing and other form of textiles is covered by Pakistan.The textile sector accounts for 70% of Pakistan's exports, but the working conditions of workers are deplorable. The Pakistan daily Tribue has reported quoting the think tank of Lahore School of Economics (LSE) which has used a general equilibrium macro (GEM) model, estimated Pakistan may experience a 2.9 per cent contraction in GDP growth in 2020, as a result of a three-month lockdown (March to May). Both countries together share 9.78% and 18.15% of total The rankings are released by Point Topic Global broadband analysis, a global research centre.According to the report released by PTA for the FY 2017–18 :-A massive rehabilitation plan worth $1 billion over five years for Pakistan has a large and diverse banking system. Raw Cotton, Yarn, fabric etc. Textile industry in Pakistan is traditional and conservative, producing and exporting most of low cost raw articles e.g. Pakistan exports rice, cotton, fish, fruits (especially Oranges and Mangoes), and vegetables and imports vegetable oil, wheat, pulses and consumer foods. Going forward one can expect improvements in the coming years. In recent years, majority stakes in many corporations have been acquired by multinational groups. Most of the Textile Industry is established in Punjab. In the past, excessive red tape made firing from jobs, and consequently hiring, difficult. 71–80.
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure and on 11 October 2008, State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7749.7 million.Agriculture accounted for about 53% of GDP in 1947.
47.1% increase in Net FDI in 2014–2015 (July–October) as compared to 2013–14 (July–October).With the rapid growth in Pakistan's economy, foreign investors are taking a keen interest in the corporate sector of Pakistan. Since 1973 the Pakistani workers in the oil rich Arab states have been sources of billions of dollars of remittances.
From financial year 2014 to 2016, exports declined by 12.4 percent.