Economy of Karachi

Economy Of Karachi

Karachi is referred as the financial capital of Pakistan; it accounts for a lion's share of Pakistan's revenue generation. It generates approximately 53.38% of the total collections of the Federal Board of Revenue, out of which 53.33% are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large scale manufacturing and 20% of the GDP of Pakistan. In February 2007, 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 cheapest city in the world.

Read more about Economy Of KarachiGDP, Revenue Collection, Business Districts, IT Trends, Media, Karachi Stock Exchange, Industrial Revolution, Banking Sector, Transportation, Fisheries, Resulting Problems

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Economy Of Karachi - Resulting Problems
... Environmental problems As the center of Pakistan's business activities, Karachi is filled with thousands of vehicles travelling the roads every day ...

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