• Download the Constitution of Pakistan
  • Advertise
Friday, May 9, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Finance Ministry Releases ’75 Years Economic Journey of Pakistan’

by Web Desk
August 14, 2022
in Business, Economy, Main
Reading Time: 2 mins read
0
Finance Ministry Releases ’75 Years Economic Journey of Pakistan’
Share on FacebookShare on TwitterLinkedinWhatsapp

Finance ministry has launched ‘75 years Economic Journey of Pakistan’ to commemorate 75th Independence day of the country, highlighting how GDP, exports, per capita income and tax revenues increased during the period.

Sharing details of the economy during the period of 75 years since independence, the finance ministry shared that the nominal GDP rose from US$3 billion to US$383 billion from 1950-2022 while GDP growth boosted from 1.8 percent in 1950 to 5.97 percent in 2022.

Finance Division launches " 75 years Economic Journey of Pakistan" to commemorate 75th Independance day of Pakistan. pic.twitter.com/VZZV5b6dXi

— Ministry of Finance, Government of Pakistan (@Financegovpk) August 13, 2022

It shared that per capita income rose from US$86 in 1950 to US$1,798 in 2022. “Exports rose from $163.9 mn to $32.5 bn from 1950-2022,” it shared, adding that tax revenues rose from Rs0.31 billion to Rs6126.1 billion.

The finance ministry while highlighting the economic journey said that agriculture accounted for 59.9 percent of the total GDP in 1949-50 and green revolution started during the early 1960s. “At the time of independence, Pakistan inherited only 34 industrial units out of 921 industrial units.”

Agriculture accounted for 59.9% of the total GDP in 1949-50.
Green Revolution started during the early 1960s.
At the time of independence, Pakistan inherited only 34 industrial units out of 921 industrial units.
Six-lane Lahore to Islamabad Motorway (M-2) was completed in 1999.

— Ministry of Finance, Government of Pakistan (@Financegovpk) August 13, 2022
Tags: Economic Journeyfinance ministrylatestPakistan
Web Desk

Web Desk

Related Posts

Export of services rises to $6.2bn in July-March

Export of services rises to $6.2bn in July-March

by News Publishing
May 9, 2025
0

Pakistan’s exports of services rose by 9.85% to $6.24 billion during the first nine months (July–March) of fiscal year 2024-25,...

IMF and PAK

IMF to Approve $2.3B for Pakistan Amid Mixed Fiscal Outlook

by Anum Arif
May 8, 2025
0

Washington, 08 May 2025 — The International Monetary Fund (IMF) Executive Board is set to convene tomorrow in Washington, where...

PSX crash

PSX Crashes Over 6,500 Points Amid India-Pakistan Tensions

by Anum Arif
May 8, 2025
0

Karachi, 08 May 2025 — The Pakistan Stock Exchange (PSX) experienced one of its darkest days on Wednesday, suffering the...

Reduction in Power

CPPA-G Forecasts Power Price Drop for FY 2025-26

by Anum Arif
May 8, 2025
0

Islamabad, 08 May 2025 — The Central Power Purchasing Agency-Guaranteed (CPPA-G) has projected a reduction in the Power Purchase Price...

Pakistan neutralised 12 Indian drones sent in multiple locations since last night: DG ISPR

Pakistan neutralised 12 Indian drones sent in multiple locations since last night: DG ISPR

by News Publishing
May 8, 2025
0

Director General of Inter-Services Public Relations (DG ISPR), Lieutenant General Ahmed Sharif Chaudhry, confirmed on Tuesday that Pakistan’s armed forces...

PSX PSX

PSX Recovers After Historic Plunge Amid Indo-Pak Tensions

by Anum Arif
May 7, 2025
0

May 07, 2025 The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday, following a dramatic plunge of...

Next Post
State Bank of Pakistan Officially Unveils Rs. 75 Commemorative Note

State Bank of Pakistan Officially Unveils Rs. 75 Commemorative Note

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters