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Combined Task Force 150, a multinational coalition task force, subsequently took on the role of fighting piracy off the coast of Somalia by establishing a Maritime Security Patrol Area (MSPA) within the Gulf of Aden. [28] However, many foreign naval vessels chasing pirates were forced to break off when the pirates entered Somali territorial waters.
James Earl Carter Jr. (born October 1, 1924) is an American politician and humanitarian who served as the 39th president of the United States from 1977 to 1981. A member of the Democratic Party, he was the 76th governor of Georgia from 1971 to 1975, and a Georgia state senator from 1963 to 1967.
The incumbent government of Pakistan under Prime Minister Imran Khan has presented its third budget for the Fiscal Year 2021-22. This budget has a value of Rs8.49 trillion, an increase of Rs700 billion over the last budget, and a GDP growth rate target of 4.8 percent.
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation.
The founder of Pakistan, Muhammad Ali Jinnah had a vision regarding the law of Pakistan, to implement a system in accordance to Islamic teachings, but it was never fulfilled. although it was fulfilled at the later stage when Pakistan had its first constitution in 1956. This vision, however, did have a lasting effect on later Pakistani lawmakers.
Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month. [3]
The share price of the company rose rapidly after the merger, reaching a price that gave the company a nominal value of $4.48bn. [186] It fell over the subsequent days, losing 20% on one day alone after the announcement of the company's profit and loss results over the previous year.
During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $589,251 in 2023) on 13 December 1995. [3]
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