Economic history of Pakistan canals, dams and power stations, began Pakistan's space programme. In 1959 the country began the construction of its new capital city. A Greek firm of architects, Konstantinos Apostolos Doxiadis, designed the master plan of the city based on a grid plan which was triangular in shape with its apex towards the Margalla Hills. The capital was not moved directly from Karachi to Islamabad; it was first shifted temporarily to Rawalpindi in the early sixties and then to Islamabad when the essential development work was completed in 1966. The partition of British India and the emergence of India and Pakistan in
State Bank of Pakistan arm of the central bank and has branch offices in 15 cities across Pakistan, including the capital city, Islamabad and the four provincial capitals and has head office in Karachi. State bank has other fully owned subsidiaries as well namely, I) National Institute of Banking and Finance (NIBAF) which is the training arm of the bank and also provides training to commercial banks, 2) Deposit Protection Corporation (DPC) and recently SBP was given ownership of 3) Pakistan Security Printing Corporation (PSPC) as well. Before independence on 14 August 1947, during the British colonial era, the Reserve Bank of India was