# Economic Affairs Division > economic affairs division of Pakistan **Wikidata**: [Q108383287](https://www.wikidata.org/wiki/Q108383287) **Source**: https://4ort.xyz/entity/economic-affairs-division ## Summary The Economic Affairs Division is a government agency and statistical service serving as an organizational part of the Ministry of Economic Affairs in Pakistan. Headquartered in Islamabad, the division operates within the federal structure of the Islamic Republic of Pakistan to manage specific public services related to economic affairs. It functions as a key component of the country's governance, situated in the capital city of a sovereign South Asian state. ## Key Facts - **Classification**: Identified as a government agency and a statistical service. - **Parent Organization**: Operates as a part of the Ministry of Economic Affairs. - **Location**: Based in Islamabad, the capital of Pakistan. - **Country Context**: Situated within the Islamic Republic of Pakistan, a sovereign state that gained independence on August 14, 1947. - **National Population**: Operates within a nation of approximately 223,773,700 people (2021 estimate). - **National Geography**: Located in a country spanning 881,913 square kilometers with borders shared by Afghanistan, India, China, and Iran. - **National Economy**: Functions within a mixed economy centered on agriculture, textiles, and services, with a nominal GDP of $376.5 billion (2022). - **Currency**: The economic context utilizes the Pakistani rupee (introduced March 1, 1949). - **Government Structure**: Operates under a federal parliamentary republic system with a President (Head of State) and Prime Minister (Head of Government). - **Time Zone**: Operates in UTC+05:00 (Asia/Karachi). - **International Calling Code**: +92. - **Internet TLD**: .pk. - **ISO Codes**: PK (Alpha-2), PAK (Alpha-3), 586 (Numeric). ## FAQs **What type of organization is the Economic Affairs Division?** It is a government agency that also serves as a statistical service, acting as an organizational part of the Ministry of Economic Affairs. **Where is the Economic Affairs Division located?** The division is located in Islamabad, which is the capital city of the Islamic Republic of Pakistan. **What is the economic context in which the Economic Affairs Division operates?** The division functions within Pakistan's mixed economy, which is centered on agriculture, textiles, and services, and utilizes the Pakistani rupee as its official currency. **Who are the current leaders of the country where the division is based?** As of the provided data, the Head of State is President Asif Ali Zardari (since 2024) and the Head of Government is Prime Minister Shehbaz Sharif (since April 11, 2022). **What are the geographic borders of the country served by the Economic Affairs Division?** Pakistan is bordered by Afghanistan to the north, India to the east and southeast, China to the northeast, and Iran to the west. ## Why It Matters The Economic Affairs Division is significant as a specialized government body responsible for specific public services within Pakistan, a nation of critical geopolitical importance. As a component of the state's economic machinery, it contributes to the administration of a country that serves as a crossroads between South Asia, Central Asia, and the Middle East. Its role supports the management of a large, complex economy in a nuclear-armed state with a population exceeding 223 million, influencing regional stability and economic development. By operating as a statistical service, the division aids in the data-driven governance required to navigate challenges such as the Kashmir conflict, international trade relations, and internal demographic shifts. ## Notable For - **Dual Role**: Functions simultaneously as a government agency and a statistical service. - **Capital Location**: Situated in Islamabad, the planned capital city known for its distinct administrative significance. - **Strategic National Context**: Operates within Pakistan, a nuclear-armed state possessing the strategic China-Pakistan Economic Corridor. - **Extreme Geography**: Associated with a nation home to K2, the second-highest mountain in the world, and the Arabian Sea. - **Demographic Scale**: Part of the government infrastructure supporting the world's fifth-most populous country. - **Economic Management**: Involved in the administration of an economy with a significant textile industry and a major agricultural base. ## Body ### Organizational Mandate and Classification The Economic Affairs Division is structured as a government agency, defined as an organizational part of a government responsible for specific public services such as economic policy, foreign affairs coordination, and statistical services. It is specifically classified as a "statistical service," indicating a role in data collection and analysis regarding economic matters. The division operates as a subordinate entity within the broader framework of the Ministry of Economic Affairs, contributing to the central administration of Pakistan's economic sectors. ### Geographic and Administrative Context The division is headquartered in Islamabad, the capital of the Islamic Republic of Pakistan. Pakistan is a sovereign state in South Asia that gained independence on August 14, 1947, replacing the Dominion of Pakistan and the British Raj. The nation covers a total area of 881,913 square kilometers, with coordinates centered at latitude 30° and longitude 71°. The country's terrain is diverse, ranging from the high peaks of the Himalayas, Karakoram, and Hindu Kush ranges—home to K2, the highest point at 28,251 feet—to the Indus River plain and the Thar Desert in the east. The lowest point is the Arabian Sea at 0 meters. ### National Demographics and Society The Economic Affairs Division operates within a highly populous and diverse nation. As of 2021, Pakistan's population is estimated at 223,773,700, making it one of the most populous countries globally. The society is composed of major ethnic groups including Punjabis (44.7%), Pashtuns (15.4%), Sindhis (14.1%), Saraiki (8.4%), Muhajir (7.6%), and Baloch (3.6%). While Urdu is the national language and English is an official language, regional languages such as Punjabi, Pashto, Sindhi, and Balochi are widely spoken. The country has a literacy rate of approximately 58% (2019) and a life expectancy of 66 years. Islam is the official religion, with significant minorities practicing Christianity and Hinduism. ### Political and Economic Framework Pakistan functions as a federal parliamentary republic. The government structure includes a President (currently Asif Ali Zardari) as the head of state and a Prime Minister (currently Shehbaz Sharif) as the head of government. The legislative body is the Parliament of Pakistan, and the highest judicial authority is the Supreme Court. The Economic Affairs Division supports the economic policies of this government structure. Pakistan's economy is mixed, with a nominal GDP of $376.5 billion (2022) and a reliance on agriculture, textiles, and services. Key economic indicators include a VAT rate of 18%, an unemployment rate of 5% (2014), and a Gini coefficient of 29.6 (2018). The official currency is the Pakistani rupee, introduced on March 1, 1949, and the central bank is the State Bank of Pakistan, established in 1948. ### International Relations and Memberships The division functions within a country that maintains an active role in global affairs. Pakistan is a member of the United Nations (since September 30, 1947), the World Trade Organization (WTO), and the Organisation of Islamic Cooperation (OIC). It is also a participant in the Shanghai Cooperation Organisation (SCO) and the Asian Development Bank. Historically, Pakistan was a founding member of Interpol in 1952 and rejoined the Commonwealth of Nations in 1989 after a withdrawal from 1972 to 1989. These international connections influence the scope and direction of the economic affairs managed by the division. ### Infrastructure and National Standards The operational environment of the Economic Affairs Division is defined by Pakistan's national infrastructure and standards. The country uses a left-hand traffic system. The electrical grid operates at 230V and 50Hz, utilizing plug types such as the Europlug, BS 1363, and BS 546. The time zone is set to UTC+05:00 (Asia/Karachi). Emergency numbers include 15 for police, 16 for fire, and 1122 for medical services. The nation uses the internet top-level domain .pk and the international calling code +92. ISO codes for the country include Alpha-2: PK, Alpha-3: PAK, and Numeric: 586.