2. Pakistan Economy
Pakistan has seen many ups and down in 73 years life.
Pakistan economy Is still an under developed Economy facing some severe economic
problems .
Aggregate economy condition In view of 2016-2017 .Economic Survey is clear from The
following fact.
GDP Rate remaind at 5.28%.
Agriculture sector’s growth rate turned 3.46 , industrial sector5%, service sector 5.98% and
product sector 4.26%.
3. Main Issues of Pakistan Economy
We consume more and save less:
1. Out of every hundred rupees of our national income , we
consume 85 rupees and save only 15 rupees.
2. Pakistan savings rate is 6% we need at least 24-25%
investment rate to grow and if we want to rely on domestic
savings our savi gs rate should be 25 %.
share in world trade:
1. Our share in world trade is shrinking.
2. In 1990 Pakistan’s share was 0.2% of the world trade.
3. After 20 years it has came down to 0.12% .
4. Problems of Agriculture :
1. Insufficient rural infrastructure.
2. Irregular supply of farm inputs.
3. Plant diseases.
Monetary policy:
1. Monetary policy will have to play an active role in moving the country
towards better economic management.
2. Printing of rupees is also a problem.
3. Create inflation.
5. Lack of Tourism:
1. Pakistan is a scenic beauty. Past years this beauty Play
important role in Increase in economic growth.
2. Natural disaster ,terrorism and law and order Problem
decrease Tourism .
3. Regain peace Attract the tourists
4. Improved Economy conditions.
6. Problems of industrial sector:
1. Shortage of capital.
2. Lack of technology.
3. High cost of production.
Energy crisis:
1. Energy crisis is the most important And critical Economic
problem which has effected The growth of The state
Unfavourably ,the loadshading Of electricity and Petroleum
,CNG and natural.gas has produced various problems.
7. Low export and hight import:
1. As a nation we prefer to To use Even the basic commodities of foreign countries
rather than Locally manufactured Goods.pakistan economy Is highly reliant on
imports like industrial Inputs, Fuel,And essential food.
Poverty :
1. Poverty Is about not having enough Money to meet basic needs including Food ,
clothing, and shelter.
2. Poverty rate is very high in pakistan.The amount of money the government Is less
than To cater the needs of Poor people.
3. Government is not spending wisely on poor people .