Economy of Pakistan - WikipediaEdited by David J. Spielman, Sohail J. The book provides detailed data and analysis about Pakistan, and shows that the country enjoyed major productivity gains since the s. In addition to periods of major Most users should sign in with their email address.
India's World - Pakistan's Crumbling Economy
Economy and Culture in Pakistan
The economy of Pakistan is the 23th largest in the world in terms of purchasing power parity PPP , and 42nd largest in terms of nominal gross domestic product. Growth poles of Pakistan's economy are situated along the Indus River ;   the diversified economies of Karachi and major urban centers in the Punjab , coexisting with lesser developed areas in other parts of the country. In October , the IMF chief Christine Lagarde confirmed her economic assessment in Islamabad that Pakistan's economy was 'out of crisis'  The World Bank predicted in that by , Pakistan's economic growth will increase to a "robust" 5. Pakistan was a middle class and predominantly agricultural country when it gained independence in Pakistan's average economic growth rate in the first five decades — has been higher than the growth rate of the world economy during the same period.
Karachi is the financial and industrial capital of Pakistan. Textiles, cement, steel, heavy machinery, chemicals, food, banking and insurance are the major industrial sectors contributing to Karachi's GDP. In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's year book tax and customs units in Karachi was responsible for However over the years, notable business and trade activity has appeared in other conurbations of the city, including the Shahrah-e-Faisal thoroughfare, MT Khan road, Mai Kolachi road and the Clifton and Defence areas of the city.