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In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
Pakistan plans to increase this figure to 10% by 2015 and subsequently to 15% by 2020. [23] There is also a great deal of variety between age cohorts. Less than 6% of those in the age cohort 55–64 have a degree, compared to 8% in the 45–54 age cohort, 11% in the 35–44 age cohort and 16% in the age cohort 25–34.
[2] [3] The majority of Pakistan's languages belong to the Indo-Iranian group of the Indo-European language family. [4] [5] Urdu is the national language and the lingua franca of Pakistan, and while sharing official status with English, it is the preferred and dominant language used for inter-communication between different ethnic groups.
Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
Pakistan's census does not include the 1.4 million citizens of Afghanistan who are temporarily residing in Pakistan. [8] [9] [10] The majority of them were born in Pakistan within the last four decades and mostly belong to the Pashtun ethnic group. They also include Tajiks, Uzbeks and others. [11]
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