Explanation

Pakistan's agriculture sector contributes 18.9% to country's GDP and 42.3% of its labour force (accuracy may lack)

Though recent data suggests a slight decrease to around 33.1% by 2024

Explanation

Trade deficit of Pakistan in 2019: 23.18 US billion 

Trade deficit of Pakistan in 2018: 31.8 billion US dollars

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Explanation

On 22 April 2024, Pakistan and Iran decided to strengthen economic and security cooperation by setting a $10 billion bilateral trade target and jointly fighting the menace of terrorism.

The decision was made during visit of Iranian president to Pakistan.

Explanation

To reduce reliance on a few export sectors and increase resilience to global economic fluctuations,

Pakistan should diversify its export base.

Encouraging export-oriented industries, supporting small and medium enterprises (SMEs),

and developing high-value-added products can help boost exports

Explanation

During FY2019-20, the country's exports registered approximately a 6.81% decline,

falling from. $22.958 billion to $21.394 billion 

Explanation

June 30, 2023, IMF Reaches Staff-level Agreement with Pakistan on a US$3 Billion Stand-By Arrangement to support the authorities' economic stabilization program.

(IMF) approved a 9-month (SBA) for Pakistan for an amount of SDR2,250 million (111 percent of quota) 

Ernesto Ramirez Rigo visited Islamabad, Pakistan from April 29 to May 11, to discuss IMF support for the authorities' economic reform program.

Explanation

Explanation

The Pakistani passport has been ranked as the fourth worst passport for international travel for the third consecutive year, with visa-free or visa-on-arrival access to 31 destinations around the world, according to the Henley Passport Index 2022, released in January 2022.

Explanation

Moody`s Investor Service downgraded Pakistan`s outlook to negative from stable on June 2, 2022.

Moody`s: New York-based credit rating agency

Explanation

The structure of economy has drastically changed since Pakistan`s inception in 1947 with industry and then services sectors dominated the economy, says a finance ministry report released on August 13, 2022.