The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023,Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
The Pakistani rupee is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949. Earlier the coins and notes were issued and controlled by the Reserve Bank of India until 1949,when it was handed over to the Government and State Bank of Pakistan,by the Government and Reserve Bank of India.
Quaid-i-Azam University Islamabad,founded as University of Islamabad,is a public research university in Islamabad,Pakistan.
The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution,as originally laid down in the State Bank of Pakistan Order 1948,remained basically unchanged until 1 January 1974,when the bank was nationalised and the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956,with subsequent amendments,forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC),the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan,including the capital Islamabad and the four provincial capitals Lahore,Karachi,Peshawar,Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well:National Institute of Banking and Finance,the training arm of the bank providing training to Commercial Banks,the Deposit Protection Corporation,and ownership of the Pakistan Security Printing Corporation.
An under-secretary-general of the United Nations (USG) is a senior official within the United Nations System,normally appointed by the General Assembly on the recommendation of the secretary-general for a renewable term of four years. Under-secretary-general is the third highest rank in the United Nations,after the secretary-general and the deputy secretary-general. The rank is held by the heads of different UN entities,certain high officials of the United Nations Secretariat,and high-level envoys. The United Nations regards the rank as equal to that of a cabinet minister of a member state,and under-secretaries-general have diplomatic immunity under the UN Charter.
Seve Paeniu is a Tuvaluan politician. Paeniu was elected to the Parliament of Tuvalu in the 2019 Tuvaluan general election to represent the Nukulaelae electorate. He was appointed as the Minister of Finance in the Natano Ministry.
Allied Bank Limited (ABL) is a Pakistani commercial bank based in Lahore,Punjab,Pakistan. It is a subsidiary of the Ibrahim Group.
Inam-ul-Haq is a Pakistani career diplomat who served as the Foreign Minister of Pakistan in the caretaker government of Muhammad Mian Soomro for four months from November 2007 till March 2008.
Noeleen Heyzer is a Singaporean social scientist,diplomat,and United Nations official who was the United Nations Special Envoy on Myanmar from October 2021 until June 2023.
Lalith Chandrakumar Weeratunga,SLAS,is the former Permanent Secretary to the President of Sri Lanka. As the President's Secretary he was the top civil servant in the country and de facto head of the Sri Lanka Administrative Service. Prior to the appointment he was the Secretary to the Prime Minister of Sri Lanka.
Yaseen Anwar is a Pakistani-American banker who had been the Governor of the State Bank of Pakistan from 20 October 2011 to 31 January 2014. He previously also acted as deputy governor and has 33 years of experience in international banking. Anwar holds a dual Pakistan and US citizenship. He is a graduate of the Wharton Business School at the University of Pennsylvania.
Tariq Bajwa is a retired Pakistani civil servant who served as the Finance Secretary and Economic Affairs Secretary of Pakistan. Bajwa also served as the 19th Governor of the State Bank of Pakistan and the 20th Chairman of the Federal Board of Revenue.
Vasim Aon Jafarey was a Pakistani civil servant who served as the ninth Governor of the State Bank of Pakistan.
Chaudhry Akhtar Ali Khan' is a Pakistani politician who had been a Member of the Provincial Assembly of the Punjab from August 2018 till January 2023. Previously,he was a Member of the Provincial Assembly of the Punjab,from July 2015 to May 2018.
Anwaar-ul-Haq Kakar is a Pakistani politician who served as the longest-serving caretaker prime minister of Pakistan between 14 August 2023 and 4 March 2024. He was succeeded by his predecessor Shehbaz Sharif. He assumed membership in the Upper House of Pakistan in March 2018. Before taking on the role of caretaker prime minister,Kakar had resigned from the upper house of parliament. Subsequently,he publicly declared his resignation from both the Senate and the Balochistan Awami Party (BAP),a political party he established in 2018.
Waqar Masood Khan is a retired Pakistani civil servant who is serving as an Advisor to Prime Minister Anwar ul Haq Kakar on Finance,in office since August 2023. He previously served as a Special Assistant to Prime Minister Imran Khan on Revenue and Finance in the capacity of a Minister of State in Cabinet,in office from October 2020 till August 2021. Before his retirement from civil services,Waqar served in BPS-22 grade as Pakistan's longest running Secretary of Finance.
Naveed Kamran Baloch is a retired Pakistani civil servant who served in BPS-22 grade at the top bureaucratic offices of Cabinet Secretary and Finance Secretary of Pakistan. Baloch belonged to the Pakistan Administrative Service and was promoted to the rank of Federal Secretary in October 2017. After retirement from active civil service as one of the senior-most federal secretaries in the country,Baloch was appointed as the executive director to World Bank.
The premiership of Shehbaz Sharif began on 11 April,2022 after he was nominated as a candidate for Prime Minister of Pakistan by opposition parties following a vote of no confidence in then-Prime Minister Imran Khan during the 2022 Pakistani constitutional crisis. He was sworn in as prime minister by Senate Chairman Sadiq Sanjrani while acting as president on behalf of Arif Alvi. Sharif remained in office until 14 August 2023,when he stepped down for a caretaker government to participate in the 2024 general election. After a heavily contested election,Sharif was re-elected as prime minister on 4 March 2024,defeating the PTI-backed Omar Ayub Khan.
The Pakistani 75-rupee notes are denominations of the Pakistani rupee. The notes were introduced to commemorate the 75th Independence of Pakistan and 75th anniversary of the State Bank of Pakistan.
Ahad Khan Cheema is a retired Pakistani bureaucrat who is the current Federal Minister of Economic Affairs,appointed on 11 March 2024. Previously,he has served as a chief executive officer (CEO) of the Quaid-e-Azam Thermal Power Company and director-general of the Lahore Development Authority. In 2018,the National Accountability Bureau (NAB) arrested Cheema on charges related to irregularities in the Ashiana Housing Scheme project during his time as chairman of the LDA. The investigation also involved former Prime Minister Nawaz Sharif's principal secretary Fawad Hassan Fawad and Shehbaz Sharif. Cheema was released on bail in 2021 after spending three years in jail and was acquitted of all charges by the NAB in 2023. He took retirement from civil service in January 2023.
