Islamabad
Islamabad (; ) is the capital city of Pakistan, and is federally administered as part of the Islamabad Capital Territory. Built as a planned city in the 1960s to replace Karachi as Pakistan's capital, Islamabad is noted for its high standards of living, safety, and abundant greenery.
Economy of Islamabad
Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP. The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange. The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares. As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20% of all the revenue collected by the Federal Board of Revenue (FBR) as of 2012.