Economy of Karachi

Economy Of Karachi

Economy of Karachi

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Karachi is the financial and commercial 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. 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 theworld.

GDP

A substantial chunk of Sindh’s GDP is attributed to Karachi<ref...
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