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Some Facts about Pakistan and Pakistan Railway
Measured by purchasing power, Pakistan has a 30 million strong middle class enjoying per capita incomes more than $8000-$10,000, according to Dr. Ishrat Husain, Governor of the State Bank of Pakistan [2]. In addition, Pakistan has a growing upper class with relatively high per capita incomes. However, Pakistan has no individuals with as much as a billion US dollars, according to Forbes magazine, and has the distinction of being the most populous nation to have no billionaires.
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Measured by purchasing power, Pakistan has a 30 million strong middle class enjoying per capita incomes more than $8000-$10,000, according to Dr. Ishrat Husain, Governor of the State Bank of Pakistan [2]. In addition, Pakistan has a growing upper class with relatively high per capita incomes. However, Pakistan has no individuals with as much as a billion US dollars, according to Forbes magazine, and has the distinction of being the most populous nation to have no billionaires.
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Pakistan was an ally of the United States for much of its early history as a modern nation-state, from the 1950s and as a member of CENTO and SEATO. However, it all changed from 1965 when Pakistan went to war with India during the height of the Cold War. The US placed heavy military sanctions on Pakistan during the war forcing Pakistan to agree to the cease fire and pulling out of the war that was heading for a stalemate.