International Monetary Fund Standby Arrangement<\/a> in November 2008 in response to a balance of payments crisis. Although the economy has stabilized since the crisis, it has failed to recover. Pakistan\u2019s GDP is of $514.6 billion, as estimated in 2012, in comparison to 2011, when the gross domestic product was of 496.3 billion dollars, and in comparison to 2010, when the GDP was of $481.7 billion. The same estimate shows a GDP per capita of $2,900. By growth rate, Pakistani economy is ranked 93rd, with a real growth rate of 3.7% in 2012. As for the future, Pakistan must address long standing issues related to government revenues and energy production in order to spur the amount of economic growth that will be necessary to employ its growing and rapidly urbanizing population, more than half of which is under 22. Other long term challenges include expanding investment in education and healthcare, adapting to the effects of climate change and natural disasters, and reducing dependence on foreign donors.<\/p>\n