International Organizations and Economic Overview of Pakistan

These flashcards cover key international organizations and provide an economic overview of Pakistan, including important metrics and statistics.

World Economic Forum

An international organization founded in January 1971 by Klaus Schwab, headquartered in Cologny, Switzerland, aiming to improve the state of the world through public-private cooperation.

International Atomic Energy Agency (IAEA)

Formed on July 29, 1957, headquartered in Vienna, Austria, with 171 member states, promoting the safe and peaceful use of nuclear energy.

Common Wealth of Nations

An organization of 54 member states, established on December 11, 1931, and formally constituted on April 28, 1949, with its headquarters in London, UK.

GDP Growth

The increase in the economic output of a country, which for Pakistan is projected at 2.68% for the year 2024-2025.

Current Policy Rate

The interest rate that policymakers set for banks to follow in their lending, which currently stands at 11% in Pakistan.

Inflation Rate

The rate at which the general level of prices for goods and services rises, currently at 26.0% in Pakistan for FY-24.

Fiscal Deficit

The difference between a government's total revenue and total expenditure, expressed as a percentage of GDP, which is 2.6% for Pakistan.

Per Capita Income

The average income earned per person in a given area in a specified year; for Pakistan, it is estimated at USD 1824.

Public Health Expenditure

The proportion of a country’s GDP that is spent on public health services, currently at 0.9% for Pakistan.

Literacy Rate

The percentage of people aged 15 and above who can read and write, currently at 60.6% in Pakistan, with significant disparities between genders.

Total Installed Capacity (Electricity)

The total potential output of electric power plants in megawatts, amounting to 46,605 MW in Pakistan.

Pension Allocation

The portion of the budget designated for pensions, which for Pakistan is Rs 1014 billion.

Development Spending

Expenditures on projects to improve economic growth or quality of life; for Pakistan, it is allocated Rs 1674 billion.

Health Sector PSDP Allocation

The amount set aside for health sector projects within the Public Sector Development Program, currently at Rs 103.5 billion for FY2024.

Registered Doctors

The total number of officially recognized medical doctors in Pakistan, which is 319,572 in 2024.

Population Size

The total number of individuals living in a country, with Pakistan's population estimated at 241.5 million in 2023.