Process of people making, selling, and buying things of Islamabad in-short Economy Of Islamabad(Written by Pakistantravelerspk-pktraveler)
Islamabad is a net contributor to the Pakistani (process of people making, selling, and buying things), as while having only 0.8% of the country's population, it adds/gives 1% to the country's GDP.Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange, and was merged to form Pakistan Stock Exchange. The exchange had 118 members with 104 (related to big business) bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares.
According to the World Bank's Doing Business Report of 2010, Islamabad was ranked as the best place to start a business in Pakistan. Islamabad's businesses are Pakistan's most cooperative for paying tax dues. As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in (money received from taxes), which amounts to 20% of all the money/money income collected by Federal Board of Money/money income.
Islamabad has seen an (act of something getting bigger, wider, etc.) in information and communications technology with the addition two Software Technology Parks, which house many national and foreign (related to computers and science) and information technology companies. Some jobs have relocated from India to Islamabad. Awami Markaz IT Park houses 36 IT companies, while Evacuee Trust house 29 companies.Islamabad will see its third IT Park by 2020, which will be built with help from South Korea.
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