Economy of Azad Kashmir

The economy of Azad Kashmir, an autonomous state of Pakistan, is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country although Azad Kashmir notably has a literacy rate that is substantially above the national average.^[1] Azad Kashmir's economy is heavily dependent on agriculture, but also relies on remittances sent each year by members of the large Kashmiri diaspora. The Kashmiris in the United Kingdom have contributed greatly to the development of Azad Kashmir through their in-flow of remmitances.^[2] In the southern districts, many men have been recruited into the Pakistani Armed Forces. Other locals travel to countries in Europe or the Middle East where they work in labour-oriented jobs. The local tourism industry has potential although is underdeveloped.^[1]

Challenges faced by Azad Kashmir's economy include the devastating 2005 Kashmir earthquake, the effects of which the region is still recovering from, as well as the large number of Kashmiri refugees numbering in the thousands from the neighbouring Indian-administered Jammu and Kashmir region.^[1]

References

Azad Kashmir topics History History of Kashmir History of Azad Kashmir History of Gilgit–Baltistan History of Jammu and Kashmir Line of Control Shaksgam tract Simla Agreement Kashmir Earthquake Kashmir Solidarity Day Dynasties of ancient Kashmir Sayyid Dynasty Durrani Empire Dogra Empire Sikh Empire Mughal dynasty British East India Company Indian rebellion of 1857 British Raj Kashmir Committee Partition of India Kashmir conflict Indo-Pakistani wars Violence in Kashmir Timeline of the Kashmir conflict Government and politics List of Presidents of Azad Kashmir List of Prime Ministers of Azad Kashmir Jammu Kashmir Peoples Party Culture and places Kashmiri people (List) Language Cuisine Music Literature Pahariwood Ethnic groups of Azad Kashmir Diaspora Kashmiriyat Geography Districts Cities Pothohar Plateau Poonch River Neelum River Chicken's Neck (Pakistan) Line of Control Districts Bhimber Kotli Mirpur Muzaffarabad Hattian Bala Neelam Poonch Haveli Bagh Sudhanoti Cities & Town Muzaffarabad Mirpur Rawalakot Economy Mangla Dam Aid agency Japan International Cooperation Agency Education Mirpur University of Science and Technology University of Azad Jammu & Kashmir University of Poonch Women University of Azad Jammu and Kashmir Al-Khair University Mohi-ud-Din Islamic University Mohtarma Benazir Bhutto Shaheed Medical College Azad Jammu & Kashmir Medical College Mohiuddin Islamic Medical College Sport Quaid-e-Azam Stadium Muzaffarabad Stadium Azad Kashmir cricket team Kashmir National FC Pilot FC Others Mughal Road Human rights abuses United Nations in Kashmir

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