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Economy Of Karachi
Karachi is the financial and industrial capital of Pakistan. , Karachi has an estimated GDP ( PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world. GDP A substantial chunk of Sindh’s GDP, around 95% is attributed to Karachi (the GDP of Sindh as a percentage of Pakistan’s total GDP has traditionally hovered around 25%/30%). Karachi’s GDP was estimate in 2015 to be around 25% of the total GDP of Pakistan. As of 2014, it was reported as $114 billion. A PricewaterhouseCoopers study released in 2009, which surveyed the 2008 GDP of the top citi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi - A Sea Port And Business Hub
Karachi (; ur, ; ; ) is the List of cities in Pakistan by population, most populous city in Pakistan and 12th List of largest cities, most populous city in the world, with a population of over 20 million. It is situated at the Geography of Pakistan, southern tip of the country along the Arabian Sea coast. It is the Federal Capital Territory (Karachi), former capital of Pakistan and capital of the province of Sindh. Ranked as a Global city, beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion (Purchasing power parity, PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
