West Pakistan the state capital was moved from Karachi to Army Generals Combatant Headquarters (The GHQ) at Rawalpindi in 1959, whilst the federal legislature was moved to Dacca. In 1963, Rawalpindi had become ineffective as a federal capital; a new city was planned and constructed, finally completing in 1965. In 1965, the state capital was finally re-located in Islamabad. On contrary perception, the provinces did not benefit from economic progress, but the One Unit program strengthened the central government. In West Pakistan, the four provinces also struggled hard for the abolition of One Unit which caused injustices to them as it was
Economy of Islamabad 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%