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US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [24]
The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
One year later, Pakistan again went to IMF for US$861,420 (equivalent to $1,482,271 in 2023) under the extended fund facility on 06 December 2001. [ 5 ] In 2008, Yousaf Raza Gillani received the largest-ever US$7.6 (equivalent to $10.76 in 2023) billion loan from the IMF, [ 6 ] however a total sum of $4,936,035 had been withdrawn.
Pakistan is the world's fifth most populous country. [506] Between 1951 and 2017, Pakistan's population expanded over sixfold, going from 33.7 million to 207.7 million. The country has a relatively high, although declining, growth rate supported by high birth rates and low death rates.
The history of the Islamic Republic of Pakistan began on 14 August 1947 when the country came into being in the form of Dominion of Pakistan within the British Commonwealth as the result of Pakistan Movement and the partition of India. While the history of the Pakistani Nation according to the Pakistan government's official chronology started ...
Poverty in Pakistan. Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month.
The History of Pakistan prior to its independence in 1947 spans several millennia and covers a vast geographical area known as the Greater Indus region. [ 1 ] Anatomically modern humans arrived in what is now Pakistan between 73,000 and 55,000 years ago. [ 2 ] Stone tools, dating as far back as 2.1 million years, have been discovered in the ...
Net average monthly salary. The countries and territories have a net average monthly salary of: Green. above $2,000. Blue. $1,000 to $1,999. Orange. $500 to $999. Red.
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