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What Are The Main Drivers Of Pakistan's Economy?>

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What Are The Main Drivers Of Pakistan's Economy?

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maira maira
maira
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اردو میں پڑھیں
Pakistan's economy is driven by a number of factors, including agriculture, manufacturing, and services.

Agriculture is a major contributor to Pakistan's economy, accounting for about 21% of the country's GDP and employing about 45% of the labor force. Major crops include wheat, rice, sugarcane, cotton, and maize. The country is also the world's fifth-largest producer of cotton and has a significant livestock sector.

Manufacturing is another important sector of Pakistan's economy, accounting for about 22% of the country's GDP. Major industries include textiles, cement, fertilizer, and steel.

Services make up a large part of Pakistan's economy, accounting for about 57% of the country's GDP. This sector includes financial services, telecommunications, transportation, and tourism.

There are a number of factors that have contributed to the growth of Pakistan's economy. One of the main drivers has been the country's strategic location, which has made it a transportation and trade hub. The country has also benefited from its abundant natural resources, including oil, gas, and minerals, as well as its large and educated workforce. In recent years, the government has taken steps to improve the business environment and encourage foreign investment, which has also contributed to economic growth.

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