|
Corruption In Pakistan
Corruption in Pakistan involves fraudulent practices carried out by officials and institutions, ranging from petty bribery to high-profile scandals. Corruption distorts economic decision-making, deters investment, undermines competitiveness and, ultimately, hinders economic growth in the country. The problems are deeply entrenched, spanning back decades, and despite ongoing calls for reform, and many attempts to improve the situation, there is little evidence of progress. Brief history The Dominion of Pakistan was created as a result of the Pakistan Movement in 1947. Upon gaining independence, Pakistan inherited a strong Central Superior Services of Pakistan, bureaucracy and Pakistan Army, army from the British Raj. There has since been no major change in this bureaucratic set-up since it was first implemented by the British, although reforms were proposed by the Pervez Musharraf, Musharraf regime in 2007. This has led many to speculate that "corruption has seeped into the hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flag Of Pakistan
The national flag of Pakistan, also known as the Flag of the Star and Crescent (), is made up of a green field with a stylized tilted white descending Star and crescent, crescent moon and five-pointed star at its centre, and a vertical white stripe at its hoist-end. Though the specific shade of green on the flag is mandated only as 'dark green', its official and most consistent representation is in Shades of green#Pakistan green, Pakistan green, which is shaded distinctively darker. It was adopted by the Constituent Assembly of Pakistan on 11 August 1947, and it became the official flag of the Dominion of Pakistan on 14 August 1947, following Independence Day (Pakistan), independence from the British Empire. The flag was subsequently retained as that of the Islamic Republic of Pakistan in Constitution of Pakistan of 1956, 1956 and remains in use as the national flag to this day. Most notably, the flag is referred to in the Qaumi Taranah#Lyrics, third verse of Pakistan's national ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Pakistan
West Pakistan was the western province of Pakistan between One Unit, 1955 and Legal Framework Order, 1970, 1970, covering the territory of present-day Pakistan. Its land borders were with Afghanistan, India and Iran, with a maritime border with Oman in the Gulf of Oman in the Arabian Sea. Following its independence from British Raj, British rule, the new Dominion of Pakistan was physically separated into two exclaves, with the western and eastern wings geographically separated from each other by Dominion of India, India. The western wing of Pakistan comprised three Governor#British Empire and Commonwealth Realm, governor's provinces (the North-West Frontier Province, North-West Frontier, West Punjab and Sind Province (1936–55), Sind), one Chief commissioner#Colonial, chief commissioner's province (Baluchistan (Chief Commissioner's Province), Baluchistan) along with the Baluchistan States Union, several Princely states of Pakistan, independent princely states (notably Bahawalp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Industrial Credit And Investment Corporation
Pakistan Industrial Credit and Investment Corporation (PICIC) is a financial institution in Pakistan, one of the first development finance institutions established with the World Bank Group assistance in 1957. In 2007, PICIC Commercial Bank was bought by the Singapore-owned NIB Bank. History PICIC Insurance Limited is a part of the Temasek Holdings. NIB Bank Limited, a Temasek subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore The government of Singapore is defined by the Constitution of Singapore, Constitution of the Republic of Singapore to consist of the President of Singapore, President and the Executive. Executive authority of Singapore is vested in the Presi ..., through which is managed a portfolio of more than US$100 billion, focused primarily in Asia. In June 2016, the board of directors of PICIC Insurance approved the arrangement for the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Zia-ul-Haq
Muhammad Zia-ul-Haq (12 August 192417 August 1988) was a Pakistani military officer and statesman who served as the sixth president of Pakistan from 1978 until Death of Muhammad Zia-ul-Haq, his death in an airplane crash in 1988. He also served as the second Chief of the Army Staff (Pakistan), chief of the army staff of the Pakistan Army from 1976 until his death. The country's longest-serving ''de facto'' head of state and chief of the army staff, Zia's political ideology is known as Ziaism. Zia was born in Jalandhar and trained at the Indian Military Academy in Dehradun. He served in the British Indian Army in the Second World War, and following the partition of India in 1947, joined the Pakistan Army and stationed in the Frontier Force Regiment. During Black September, he played a prominent role in defending the Jordanian Armed Forces against the Palestine Liberation Organization. In 1976, Zia was elevated to the rank of General (Pakistan), General and was appointed as ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Pakistan
The president of Pakistan () is the head of state of the Islamic Republic of Pakistan. The president is the nominal head of the executive and the supreme commander of the Pakistan Armed Forces.Article 41(1) in Chapter 1: The President, Part III: The Federation of Pakistan in the . The presidency is a ceremonial position in Pakistan. The president is bound to act on advice of the prime minister and cabinet. Asif Ali Zardari is the current president since 10 March 2024. The office of president was created upon the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Of Army Staff (Pakistan)
The Chief of the Army Staff (COAS) is a position in the Pakistani Army held by a four-star general. As the highest-ranking officer, it is the most powerful position in the army. This is the senior most appointment in the army who is a member of the Joint Chiefs of Staff Committee in a separate capacity, usually consulting with the Chairman joint chiefs to act as a military adviser to the Prime Minister and its civilian government in the line of defending the land borders of the country. The Chief of the Army Staff exercises responsibility of command and control of the operational, combatant, logistics, and training commands within the army. The appointment, in principle, is constitutionally subjected to be for 3 years after the approval by the President on the recommendations of the Prime Minister. The Chief of the Army Staff is based in the GHQ, and the current Chief is General Syed Asim Munir Ahmed Shah, serving in this capacity since 29 November 2022. Office of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistani Rupee
The Pakistani rupee (; ISO code: PKR; symbol: ; abbreviation: Re (singular) and Rs (plural)) 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. In Pakistani English, large values of rupees are counted in thousands; lac (hundred thousands); crore (ten-millions); arab (billion); kharab (hundred billion). Numbers are still grouped in thousands History The word ''rūpiya'' is derived from the Sanskrit word ''rūpya'', which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived from the noun '' rūpa'' "shap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Peoples Party
The Pakistan Peoples Party (PPP) is a political party in Pakistan and one of the three major List of political parties in Pakistan, Pakistani political parties alongside the Pakistan Muslim League (N) and Pakistan Tehreek-e-Insaf. With a Centre-left politics, centre-left political position, it is currently the largest party in the federal Senate of Pakistan, Senate, and second-largest in the National Assembly of Pakistan, National Assembly; and is in government in Sindh and Balochistan, Pakistan, Balochistan. The party was founded in 1967 in Lahore, when a number of prominent Socialism in Pakistan, left-wing politicians in the country joined hands against the rule of Ayub Khan, under the leadership of Zulfikar Ali Bhutto. It is affiliated with the Socialist International. The PPP's platform was formerly Democratic socialism, socialist, and its stated priorities continue to include transforming Pakistan into a Social democracy, social-democratic state, promoting egalitarian valu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planning Commission (Pakistan)
The Planning Commission (denoted as PC) () is a Financial institution, financial and public policy development institution of the Government of Pakistan, Government of Pakistan. The Commission comes under Ministry of Planning Development & Special Initiatives The Planning Commission undertakes research studies and state policy development initiatives for the growth of Economy of Pakistan, national economy and the expansion of the public and state infrastructure of the country in tandem with the Ministry of Finance (Pakistan), Ministry of Finance (MoF). Since 1952, the commission have had a major influence and role in formulating the Central economy, highly centralized and Planned economy, planned Five-year plans of Pakistan, five-year plans for the national economy, for most of the History of Pakistan, 20th century in Pakistan. Although the five-year plans were replaced by Medium Term Development Framework, the commission still played an influential and central role in the develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization In Pakistan
The nationalisation process in Pakistan (or historically simply regarded as the "Nationalisation in Pakistan") was a policy measure programme in the economic history of Pakistan that negatively impacted the country's industrialization and undermined the trust of businessmen and investors. The process was first introduced, promulgated and implemented by Zulfikar Ali Bhutto and Pakistan Peoples Party to lay the foundation of socialist economics reforms to improve the growth of the national economy. Since the 1950s, the country had undergone a speedy industrialisation. But, as time progressed, the labour trade unions and labour-working class had increasingly strained relations with the industrial business oligarch class, having neglected to improve working conditions and failing to provide a healthy and safe environment for the workers in these industrial industries. The nationalisation programme began on 2 January 1972, with a vision to promote economic democracy, liberalisation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planned Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
