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Economy Of
Pakistan. And
How to
Impíove It?
Change Pakistan for a better Future
Oui Membeis
Muhammad Huzaifa Ali
Zohaib Ejaz
Muhammad Luqman Khan
Saad Amjad
Laiba Laiaib
22- ARID - 833
22- ARID - 878
22- ARID - 835
22- ARID - 868
22- ARID - 794
Table of contents
Industries in Pakistanand
their role
01
Intioduction
Introduction to Pakistan’s
Economy.
05
04
02
How Allah has bless this
country with its natural
resources
06
03
Agiicultuie
How Agriculturehelps
Pakistan’s economy
Industiies Impoit and
Expoits
How import and export
affects the economy
Dependence And
Factois
Factors on which the
economy depends
Natuial
Resouices
07
Challenges
08
01
Intioduction
Introductions to Pakistan’s Economy
Intioduction
State Of Economy in 2023
Pakistan is a low income developing country. Its economy is
the 23rd-largest worldwide in terms of GDP based
on purchasing power parity (PPP). According to a 2021
estimate, the Country has a population of 227 million people (5th-
largest worldwide).
Gioss Domestic Pioduct
As of FY22, the nominal GDP of Pakistan stands at US$376
billion with a nominal GDP per capita of US$1,658 (177th
worldwide); its GDP based on PPP stands at US$1.512 trillion
with a GDP (PPP) per capita of US$6,662 (168th worldwide).
Karachi the financial hub of Pakistan
“If You Will Work In Co-
Operation, Forgetting
the Past, Burying the
Hatchet, You are
Bound to Succeed.”
—Mohammad Ali Jinnah
GPD/Inflation Giaph
Conceins Of the People
● The rising level of security concerns has furthered the economy near
to a collapse. Pakistan is considered to be in a state of war and is a
victim of terrorism for the past few years.
● This has caused economic and political instability in the country
resulting in a fall in foreign investments. Many of the people do not feel
safe in the country due to which skilled labor from Pakistan is migrating
to other developed nations.
● They do not want to risk their time and resources in an uncertain
economy where they feel they would not be paid a price according to
their skills. Foreign investors do not feel comfortable in investing in
Pakistan’s economy because the returns are not enough to match the
risk in investing in a weakened economy like Pakistan.
● Other than this they do feel that their lives are not safe as they could
also become victims of terrorist groups operating in the country.
Dependenc
e And
Factois Of
the
Economy
02
How Economy Of Pakistan Depends on
Multiple Factors
Factois
Industiy
Pakistan'sindustrial sector accounts
for 28.11% of the GDP. Of this,
manufacturing makes up 12.52%,
mining constitutes 2.18%, construction
makes up 2.05%, and electricityand
gas 1.36%. The majority of industry is
made up of textile units, with textiles
contributing $15.4bto exports, making
up 56% of total exports.Other units
include surgical instruments,
chemicals, and a budding automotive
industry.
Agiicultuie
Agriculture is considered the
backbone of Pakistan's economy,
which relies heavily on its major
crops.[1] Pakistan's principal natural
resources are arable land and water.
Agricultureaccounts for about
18.9% [2] of Pakistan's GDP and
employs about 42.3% of the labour
force. The most agricultural province is
Punjab where wheat & cotton are the
most grown. Mango orchards are
mostly found in Sindh and Punjab
provinces,making it the world's fourth
largest producer of mangoes
Factois
Foieign tiade
Pakistan witnessed the highest export
of US$25.4 billion in the FY 2010– 11.
However, in subsequent years exports
have declined considerably. This
declined started from financial year
2014–15 when an international
commodity slump set in. This was
compounded by structuralsupply side
constraints including energy shortages,
high input costs and an overvalued
exchange rate.. But still Pakistan's
merchandise trade exports grew by 0.1
percent during the fiscal year 2016– 17.
The imports continued to grow at a
much fasterrate and grew by a large
percentageof 18.0 during the FY 2017
as compared to the previous year
Seivices
Pakistan's service
sector accounts for about 61.7% of
GDP.[81] Transport,storage,communi
cations, finance, and insurance
account for 24% of this sector,and
wholesale and retail trade about 30%.
Some Important ServiceSectors are
• Telecommunication
• Transportation
• Air Linkage
• Railway Linkage
• Finance
• Housing
• Tourism
Economic Issues
As per the CIA World Factbook, in
2017, Pakistan ranked 57th in the
world, with respect to the public
external debt to various international
monetary authorities (owing ~$107.527
billion in 2019), with a total of 67.1%
of GDP (in 2017).
As of January 2023, Public Debt of
Pakistan is around PKR 62.46 trillion
(USD 274 billion) which is nearly79
percent of gross domestic
product (GDP) of Pakistan. Currently
Pakistan has $5.82 billion in its foreign
exchange amid debt repayment
obligations of more than $8 billion in the
first quarter of 2023
The corruption is on-going issue in the
government, claiming to take initiatives
against it, particularly in the
government and lower levels of police
forces.In 2011, the countryhas had a
consistently poor ranking at
the Transparency
International's Corruption Perceptions
Index with scores of 2.5,2.3 in
2010, and 2.5 in 2009 out of 10. In
2011, Pakistan ranked 134 on the index
with 42 countries ranking worse.In
2012, Pakistan's ranking dropped even
furtherfrom 134 to 139, making
Pakistan the 34th most corrupt country
in the world, tied
with Azerbaijan, Kenya, Nepal,
and Nigeria.
Debt
Coiiuption
03
Agiicultuie
Introductions to Pakistan’s Agriculture
Sector and How it affects the economy.
Agiicultuie
● “ The science of farming ,including
the cultivation of soil for growing of
crops and rearing of animals to
provide food , wool and other
products ”.
Meaning Of Agiicultuie
● The word agriculture came from two
latin words:
● “agri” means field.
● “cultura” means growing
,cultivation.
● So the literal meaning is the
cultivation of different crops is
Agriculture.
Definition Of Agiicultuie
01 02
Agiicultuie
Role Of Agiicultuie
Pakistan is one of the world’s largest
producer and supplier of foods & Crops.
Approximately 60 % of population of
Pakistan directly or in directly linked with
Agriculture sector.
• GDP ( Gross Domestic Product) :
Measure the value of final goods and
services that is, those that are bought
by final user , produced in a given
period of time.
• 24% GDP of Pakistan depend upon
the this sector
Impoitance
Agriculture sector plays an
important role in the
economy of a country that
has fertile soil.
• Increase in per capita
income.
• Major source of
employment.
• Reduction in Poverty.
• Supply of Food and
Raw material.
• Development of
Industrial Sector
03 04
Impoitant Ciops And Theii Role
Ciops
Wheat
The Second Major
Crop is Wheat
Cotton
Cotton is main cash
crop of pakistan
Rice
3rd Major Crop is Rice.
Sugaicane
wheat, sugarcane, cotton,and rice,
which togetheraccount for more than
75% of the value of total crop output.
Giains And Pulses
Grains and pulses play an important
role in the agriculturesector
Fiuits And Vegetables
Pakistan is the 6th largest exporter of
fruits such as oranges.
05
Steps The Goveinment has To Take
The government needs
to import modern
beans and seeds
The level of biotech
needs to be improved
The government needs
to focus on modern
technology and
equipment
The Government
needs to properly plan
the agriculture areas
and how to increase
output.
Impoit
Beans
Modein
Biotechnology Technology
Piopei
Planning
01 02 03 04
Industiy
Industry is the most important sector of
Pakistan’s Economy
04
Impoitance Of Industiies
Industiies
hold vaiious
advantages
foi the
countiy.
Industiial
development
plays an
impoitant iole
in impioving
economy.
Helps
iemoves
poveity
fiom the
countiy
Advantages Of Industiies
Living Standaid
It boosts the standard
of living for the
industrial worker.
Employement
Improved industrial
economy increases
the employment
opportunities.
GDP
It increases national
income of the
country.
Specialization
It promotes the
specialization of various
product.
Defence
It also plays an important
role in the defence
sector.
It also plays an important
role in the defence
sector.
Agiicultuie
Development
01 02 03
04 05 06
Industiy
Suggestions
• Flow of power:
• Government should
make sure steady flow of
power to the industries
• Trade deficit:
• Meaningfulsteps should
be taken to overcome
trade deficit such as
exports.
• Technical capability:
• It can be improved by
collaboration with
develop country’s
industries.
.
Challenges Of Industiial Sectoi
Powei
Shoitfall
•Power is like blood
for the industrial
sector
•But unfortunately,
Pakistan faces
energy crisis which
adversly affects the
industrial sector
Industiial
laboi
•Industrial labor
faces many
problems in
Pakistan
•It barely holds any
basic rights
•Major reasons for
downfall of
industrial world
Coiiuption
Corruption is
anotherhuge
issues faced by this
industry
01 02 03
Impoits
And
Expoits
05
In 2021, the country’s import’s totaled
around $56 billion. A large chunk of this
number went towards plastic and iron
imports, while the rest was divided between
electronics, machinery, and other finished
goods
Impoits Of Pakistan
Plastic
Despite being a major contributor to
pollution and climate change,
countries still tend to rely on plastics.
In 2021, plastics made up almost 4.1
percent of the country’s total imports,
valued at approximately$3.01B.
Phaimaceutical
Pioducts
The pharmaceuticalmarket in
Pakistan is one of the largest in the
world, mostly owing to the country’s
massive population . Currently,
pharmaceuticalsmake up almost
5.2 percent of total imports, valued
at around $3.78 billion in the year
2021.
Animal and
Vegetable Oils
Animal and vegetable oils are essential elements
in food consumption, making them one of the
major imports of Pakistan. In the previous fiscal
year, animal and vegetableoil imports made up
4.9 percent of the country’s overall imports, with
an approximate valuation of $3.60 billion.
Iion and Steel
Iron and steel are other major import of
Pakistan that are linked to the construction
industry. Being the backbone of all
infrastructure, these imports are essential
for the development of the country.
Therefore,almost 6.3 percent of the
country’s total imports comprise iron and
steel.
Impoits Of Pakistan
Machineiy
With more industries cropping up all over
Pakistan, there has been a steep
increase in machinery imports.
Machinery imports have an
approximatevalue of $5.88 billion, a
considerable amount out of the total
imports. Pakistan’s major import
partners for these goods are two
machineryhubs in Asia – Japan and
China.
Expoits Of Pakistan
Rice
Pakistan is regarded among the best
producers of high-quality basmati
rice, which is then exported to
several countries,including Oman,
the UAE, Kenya, Thailand, and
Jordan, to name a few.
Mangoes
Cotton
Among the top cash-crop exports of Pakistan,
33,683 metric tons of cotton fiber, spun, and raw
cotton was exported, worth an estimated
$55.551 million. Pakistan globally exports cotton
to China, Germany,the US, the UK.
Leathei Goods
While Pakistanis renowned as the fifth-
the fruit is the country’s second-
largest export. Pakistan annually
grows 110 diverse kinds of mangoes,
among which the most notable are
Chaunsa, Sindhri, Langra, Dasehri,
Anwar Ratool, Saroli, Toota Pari,
Fajri, Neelum, Almas, Sanwal, and
Desi.
largest mango producer in the world, Bags, jackets, pants, shoes, and
other daily wear products
manufactured from Leather are
also among the highest
revenue-generatingexport
products of Pakistan.During
2018, Pakistan shipped close
to $478.85 million worth of
leather goods.
Natuial
Resouices
06
Natural resources of a country are the
backbone for it's industrial and economical
development which play a very dominant in
accelerating the pace of progress and
prosperity of a country.
Pakistan has a long history of exporting small
amounts of uranium to the west.Pakistan
has recently used some in its own nuclear
power and weapons programs. Pakistan
produced about 45 tonnes of
Uranium in 2006.
Uianium Pioduction
Coal
Coal which is also named as black gold is
found into huge quantities in Thar,
Quettaand other sites. Thar reserves
are estimated 850 Trillion Cubic
Feet. About 80% of coal is produced
by government and 20% is produced
by private sector.
Natuial Gas
Natural gas production is at a high
level in Pakistan. Estimated
reserves are 885.3 billion
cubic meters . The Sui gas
field is the largest, accounting
for 26% of Pakistan’s gas
production.
Natuial Resouices Of Pakistan
Mineials
Powei Resouices Of Pakistan
Hydio Electiicity
Nature has provided suitable
environmentin Pakistan. To
produce hydroelectricity
environment is better for it. The
northern and north westernarea of
Pakistan is suitable for building of
dams. Pakistan's total
hydroelectricity production is 4963
Megawatt. Pakistan has the
capacity of production of 30000 MW
from its river Indus, Jehlum and
Chenab
Theimal Electiicity
The Thermal power stations are
generatingelectricity by gas, oil
and coal in Pakistan.The 49.8%
of the total electricity is produced
by the thermalpower. The
thermal power production is 4921
MW in Pakistan.There are 13
thermal power stations working in
Pakistan. The biggest station is
working in Karachi this station
generates 1756 MW. The second
biggest station is working in
Multan. It generates 260 MW.
Natuial Resouices Of Pakistan
Foiest iesouices
Forests are limited to 4% of
Pakistan’s land. The forests are
a main source of food, lumber,
paper, fuel wood and medicine.
The forests are also used for
wildlife conversation. During
the year 2010-11 forests have
contributed 91 thousand cubic
meters of timber and 261
thousand cubic meters of
firewood as compared to 93
thousand cubic meters timber
and 263 thousand cubic meters
firewood in 2009-10.
Watei Resouices
Water is the basic human need and as we
know a human can live up to 80 days
without food, but only a few days without
water. Water is the basic need of every
living thing on earth as we know no living
thing can live without water. However, its
use in unbalanced and unmanaged way
has made it reduced its quantity to a great
extent.Pakistanis now facing a big
challengeto meet the requirements for its
population and water is becoming scarce
in Pakistan. In Pakistan, about 96% of its
available water is being utilized for
agricultureand the remaining 4% for
domestic, industrial and other purposes.
Per capita water availability has decreased
from 5300 m3 in 1951 to 850 m3 by the
year 2013.
Influence Of Resouices On
Economic Development
Moie
Pioduction
Agiicultuie
Development
Industiial
Development
Inciease in
Foiex
01 02 03 04
05
Infiastiuctuie Development
Challenge
s Faced By
Economy
07
If we can overcome our challenges we can
become a prosperous nation.
Challenges Faced By Economy
Coiiuption
Corruption is a major issue in
Pakistan. It affects many aspects
of life in the country, including
energy crisis for several
years, with a significant
shortfall in electricity and gas
supply. This crisis has been
caused by a combination of
factors, including a lack of
in new power
investment
generation,
maintenance
inadequate
of existing
infrastructure, and a growing
population and economy that
are putting increased strain
on the energy system.
Eneigy Ciisis
Pakistan has been facing an
major problem in
Pakistan for several
decades, with various
militant groups and
terrorist organizations
operating in
country.
the
These
groups have carried
out a wide range of
attacks, including
bombings,
kidnappings, and
assassinations.
Teiioiism
Terrorism has been a
government, business, and
society as a whole. Some of the
most common forms of corruption
in Pakistan include bribery,
embezzlement, and nepotism. The
government has taken steps to
address corruption, such as
enacting anti-corruption laws and
establishing institutions to
investigate and prosecute corrupt
officials.
01 02 03
Challenges Faced By Economy
Tax Evasion
Unemployment is
significant problem
a
in
Pakistan. The unemployment
rate in the country has been
consistently high in recent
years, and it varies depending
on the
demographic.
contribute
region and
Factors that
to high
include a rapidly
unemployment in Pakistan
growing
population, lack of job
opportunities, and a lack of
education and skills among
the workforce.
Literacy
Pakistan
increasing
rate in
has been
over the
years, but it remains
low
to other
relatively
compared
countries. In 2021,
the literacy rate in
Pakistan is around
60%, which is
low
to other
in the
considered
compared
countries
region.
Tax evasion is a significant
problem in Pakistan. The country
has a relatively low tax-to-GDP
ratio, which means that a large
portion of the population is not
paying taxes. This is partly due to
the fact that a large segment of the
economy is informal and not
subject to taxation, and also due to
widespread corruption among tax
officials.
Pakistan
address tax evasion, such
The government of
has taken steps to
as
increasing enforcement efforts and
implementing new technology to
improve tax collection
Yout
h
Unemployment illiteiacy
04 05 06
08
Conclusion
The economy of Pakistan has faced many
challenges in recent years, such as high inflation, a
large trade deficit, and a shortage of foreign
currency. The government of Pakistan has
implemented a number of economic reforms in an
effort to address these issues and improve the
economy. For example, it has sought financial
assistance from international organizations such
as the International Monetary Fund (IMF) and has
taken steps to increase exports and reduce
How To Impiove The Economy
Inciease Tax
Collection
Pakistan has a
relativelylow tax-to-
GDP ratio, which
means that a large
portion of the
population is not
paying taxes.
Improving
infrastructure, such as
roads, power plants,
and ports, would help
increase economic
growth by making it
easier for businesses
to operate and for
goods to be
transported.
Reduce
Coiiuption
Pakistan ranks poorly
in global corruption
indices, which hinders
foreigninvestment,
tourism and
development in
general.
Inciease
ieduce
impoit
Pakistan has a large
trade deficit, which
means that it imports
more goods than it
exports. Increasing
exports and reducing
imports would help.
Develop
expoits and infiastiuctuie
01 02 03 04
How To Impiove The Economy
Boosting human
capital
A well-educated and
skilled workforceis a
key ingredient for
economic growth.
Improving education,
healthcare,and training
programs would help
increase productivity
and competitiveness.
Impiove the
ease of doing
business
making it easier to start, run
and close a business, by
reducing red tape and
providing better access to
finance and technology
could also have a positive
impact on the economy.
Reduce eneigy
cost
Pakistan's economy is heavily
dependent on energy imports,
and the high cost of energy is
one of the factors holding back
economic growth. Investing in
renewableenergy and
increasing energy efficiency
would help reduce energy costs
and boost growth.
05 06 07
tion te
ons by
nd illust
CREDITS: This presenta
Slidesgo,and includes ic
images by Freepik a
mplate was created by
Flaticon,infographics &
rations by Storyset
Thanks!

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economyofpakistan2-230117162803-00338f80.pptx

  • 1. Economy Of Pakistan. And How to Impíove It? Change Pakistan for a better Future
  • 2. Oui Membeis Muhammad Huzaifa Ali Zohaib Ejaz Muhammad Luqman Khan Saad Amjad Laiba Laiaib 22- ARID - 833 22- ARID - 878 22- ARID - 835 22- ARID - 868 22- ARID - 794
  • 3. Table of contents Industries in Pakistanand their role 01 Intioduction Introduction to Pakistan’s Economy. 05 04 02 How Allah has bless this country with its natural resources 06 03 Agiicultuie How Agriculturehelps Pakistan’s economy Industiies Impoit and Expoits How import and export affects the economy Dependence And Factois Factors on which the economy depends Natuial Resouices 07 Challenges 08
  • 5. Intioduction State Of Economy in 2023 Pakistan is a low income developing country. Its economy is the 23rd-largest worldwide in terms of GDP based on purchasing power parity (PPP). According to a 2021 estimate, the Country has a population of 227 million people (5th- largest worldwide). Gioss Domestic Pioduct As of FY22, the nominal GDP of Pakistan stands at US$376 billion with a nominal GDP per capita of US$1,658 (177th worldwide); its GDP based on PPP stands at US$1.512 trillion with a GDP (PPP) per capita of US$6,662 (168th worldwide). Karachi the financial hub of Pakistan
  • 6. “If You Will Work In Co- Operation, Forgetting the Past, Burying the Hatchet, You are Bound to Succeed.” —Mohammad Ali Jinnah
  • 8. Conceins Of the People ● The rising level of security concerns has furthered the economy near to a collapse. Pakistan is considered to be in a state of war and is a victim of terrorism for the past few years. ● This has caused economic and political instability in the country resulting in a fall in foreign investments. Many of the people do not feel safe in the country due to which skilled labor from Pakistan is migrating to other developed nations. ● They do not want to risk their time and resources in an uncertain economy where they feel they would not be paid a price according to their skills. Foreign investors do not feel comfortable in investing in Pakistan’s economy because the returns are not enough to match the risk in investing in a weakened economy like Pakistan. ● Other than this they do feel that their lives are not safe as they could also become victims of terrorist groups operating in the country.
  • 9. Dependenc e And Factois Of the Economy 02 How Economy Of Pakistan Depends on Multiple Factors
  • 10. Factois Industiy Pakistan'sindustrial sector accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricityand gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4bto exports, making up 56% of total exports.Other units include surgical instruments, chemicals, and a budding automotive industry. Agiicultuie Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops.[1] Pakistan's principal natural resources are arable land and water. Agricultureaccounts for about 18.9% [2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the most grown. Mango orchards are mostly found in Sindh and Punjab provinces,making it the world's fourth largest producer of mangoes
  • 11. Factois Foieign tiade Pakistan witnessed the highest export of US$25.4 billion in the FY 2010– 11. However, in subsequent years exports have declined considerably. This declined started from financial year 2014–15 when an international commodity slump set in. This was compounded by structuralsupply side constraints including energy shortages, high input costs and an overvalued exchange rate.. But still Pakistan's merchandise trade exports grew by 0.1 percent during the fiscal year 2016– 17. The imports continued to grow at a much fasterrate and grew by a large percentageof 18.0 during the FY 2017 as compared to the previous year Seivices Pakistan's service sector accounts for about 61.7% of GDP.[81] Transport,storage,communi cations, finance, and insurance account for 24% of this sector,and wholesale and retail trade about 30%. Some Important ServiceSectors are • Telecommunication • Transportation • Air Linkage • Railway Linkage • Finance • Housing • Tourism
  • 12. Economic Issues As per the CIA World Factbook, in 2017, Pakistan ranked 57th in the world, with respect to the public external debt to various international monetary authorities (owing ~$107.527 billion in 2019), with a total of 67.1% of GDP (in 2017). As of January 2023, Public Debt of Pakistan is around PKR 62.46 trillion (USD 274 billion) which is nearly79 percent of gross domestic product (GDP) of Pakistan. Currently Pakistan has $5.82 billion in its foreign exchange amid debt repayment obligations of more than $8 billion in the first quarter of 2023 The corruption is on-going issue in the government, claiming to take initiatives against it, particularly in the government and lower levels of police forces.In 2011, the countryhas had a consistently poor ranking at the Transparency International's Corruption Perceptions Index with scores of 2.5,2.3 in 2010, and 2.5 in 2009 out of 10. In 2011, Pakistan ranked 134 on the index with 42 countries ranking worse.In 2012, Pakistan's ranking dropped even furtherfrom 134 to 139, making Pakistan the 34th most corrupt country in the world, tied with Azerbaijan, Kenya, Nepal, and Nigeria. Debt Coiiuption
  • 13. 03 Agiicultuie Introductions to Pakistan’s Agriculture Sector and How it affects the economy.
  • 14. Agiicultuie ● “ The science of farming ,including the cultivation of soil for growing of crops and rearing of animals to provide food , wool and other products ”. Meaning Of Agiicultuie ● The word agriculture came from two latin words: ● “agri” means field. ● “cultura” means growing ,cultivation. ● So the literal meaning is the cultivation of different crops is Agriculture. Definition Of Agiicultuie 01 02
  • 15. Agiicultuie Role Of Agiicultuie Pakistan is one of the world’s largest producer and supplier of foods & Crops. Approximately 60 % of population of Pakistan directly or in directly linked with Agriculture sector. • GDP ( Gross Domestic Product) : Measure the value of final goods and services that is, those that are bought by final user , produced in a given period of time. • 24% GDP of Pakistan depend upon the this sector Impoitance Agriculture sector plays an important role in the economy of a country that has fertile soil. • Increase in per capita income. • Major source of employment. • Reduction in Poverty. • Supply of Food and Raw material. • Development of Industrial Sector 03 04
  • 16. Impoitant Ciops And Theii Role Ciops Wheat The Second Major Crop is Wheat Cotton Cotton is main cash crop of pakistan Rice 3rd Major Crop is Rice. Sugaicane wheat, sugarcane, cotton,and rice, which togetheraccount for more than 75% of the value of total crop output. Giains And Pulses Grains and pulses play an important role in the agriculturesector Fiuits And Vegetables Pakistan is the 6th largest exporter of fruits such as oranges. 05
  • 17. Steps The Goveinment has To Take The government needs to import modern beans and seeds The level of biotech needs to be improved The government needs to focus on modern technology and equipment The Government needs to properly plan the agriculture areas and how to increase output. Impoit Beans Modein Biotechnology Technology Piopei Planning 01 02 03 04
  • 18. Industiy Industry is the most important sector of Pakistan’s Economy 04
  • 19. Impoitance Of Industiies Industiies hold vaiious advantages foi the countiy. Industiial development plays an impoitant iole in impioving economy. Helps iemoves poveity fiom the countiy
  • 20. Advantages Of Industiies Living Standaid It boosts the standard of living for the industrial worker. Employement Improved industrial economy increases the employment opportunities. GDP It increases national income of the country. Specialization It promotes the specialization of various product. Defence It also plays an important role in the defence sector. It also plays an important role in the defence sector. Agiicultuie Development 01 02 03 04 05 06
  • 21. Industiy Suggestions • Flow of power: • Government should make sure steady flow of power to the industries • Trade deficit: • Meaningfulsteps should be taken to overcome trade deficit such as exports. • Technical capability: • It can be improved by collaboration with develop country’s industries. . Challenges Of Industiial Sectoi Powei Shoitfall •Power is like blood for the industrial sector •But unfortunately, Pakistan faces energy crisis which adversly affects the industrial sector Industiial laboi •Industrial labor faces many problems in Pakistan •It barely holds any basic rights •Major reasons for downfall of industrial world Coiiuption Corruption is anotherhuge issues faced by this industry 01 02 03
  • 22. Impoits And Expoits 05 In 2021, the country’s import’s totaled around $56 billion. A large chunk of this number went towards plastic and iron imports, while the rest was divided between electronics, machinery, and other finished goods
  • 23. Impoits Of Pakistan Plastic Despite being a major contributor to pollution and climate change, countries still tend to rely on plastics. In 2021, plastics made up almost 4.1 percent of the country’s total imports, valued at approximately$3.01B. Phaimaceutical Pioducts The pharmaceuticalmarket in Pakistan is one of the largest in the world, mostly owing to the country’s massive population . Currently, pharmaceuticalsmake up almost 5.2 percent of total imports, valued at around $3.78 billion in the year 2021. Animal and Vegetable Oils Animal and vegetable oils are essential elements in food consumption, making them one of the major imports of Pakistan. In the previous fiscal year, animal and vegetableoil imports made up 4.9 percent of the country’s overall imports, with an approximate valuation of $3.60 billion. Iion and Steel Iron and steel are other major import of Pakistan that are linked to the construction industry. Being the backbone of all infrastructure, these imports are essential for the development of the country. Therefore,almost 6.3 percent of the country’s total imports comprise iron and steel.
  • 24. Impoits Of Pakistan Machineiy With more industries cropping up all over Pakistan, there has been a steep increase in machinery imports. Machinery imports have an approximatevalue of $5.88 billion, a considerable amount out of the total imports. Pakistan’s major import partners for these goods are two machineryhubs in Asia – Japan and China.
  • 25. Expoits Of Pakistan Rice Pakistan is regarded among the best producers of high-quality basmati rice, which is then exported to several countries,including Oman, the UAE, Kenya, Thailand, and Jordan, to name a few. Mangoes Cotton Among the top cash-crop exports of Pakistan, 33,683 metric tons of cotton fiber, spun, and raw cotton was exported, worth an estimated $55.551 million. Pakistan globally exports cotton to China, Germany,the US, the UK. Leathei Goods While Pakistanis renowned as the fifth- the fruit is the country’s second- largest export. Pakistan annually grows 110 diverse kinds of mangoes, among which the most notable are Chaunsa, Sindhri, Langra, Dasehri, Anwar Ratool, Saroli, Toota Pari, Fajri, Neelum, Almas, Sanwal, and Desi. largest mango producer in the world, Bags, jackets, pants, shoes, and other daily wear products manufactured from Leather are also among the highest revenue-generatingexport products of Pakistan.During 2018, Pakistan shipped close to $478.85 million worth of leather goods.
  • 26. Natuial Resouices 06 Natural resources of a country are the backbone for it's industrial and economical development which play a very dominant in accelerating the pace of progress and prosperity of a country.
  • 27. Pakistan has a long history of exporting small amounts of uranium to the west.Pakistan has recently used some in its own nuclear power and weapons programs. Pakistan produced about 45 tonnes of Uranium in 2006. Uianium Pioduction Coal Coal which is also named as black gold is found into huge quantities in Thar, Quettaand other sites. Thar reserves are estimated 850 Trillion Cubic Feet. About 80% of coal is produced by government and 20% is produced by private sector. Natuial Gas Natural gas production is at a high level in Pakistan. Estimated reserves are 885.3 billion cubic meters . The Sui gas field is the largest, accounting for 26% of Pakistan’s gas production. Natuial Resouices Of Pakistan Mineials
  • 28. Powei Resouices Of Pakistan Hydio Electiicity Nature has provided suitable environmentin Pakistan. To produce hydroelectricity environment is better for it. The northern and north westernarea of Pakistan is suitable for building of dams. Pakistan's total hydroelectricity production is 4963 Megawatt. Pakistan has the capacity of production of 30000 MW from its river Indus, Jehlum and Chenab Theimal Electiicity The Thermal power stations are generatingelectricity by gas, oil and coal in Pakistan.The 49.8% of the total electricity is produced by the thermalpower. The thermal power production is 4921 MW in Pakistan.There are 13 thermal power stations working in Pakistan. The biggest station is working in Karachi this station generates 1756 MW. The second biggest station is working in Multan. It generates 260 MW.
  • 29. Natuial Resouices Of Pakistan Foiest iesouices Forests are limited to 4% of Pakistan’s land. The forests are a main source of food, lumber, paper, fuel wood and medicine. The forests are also used for wildlife conversation. During the year 2010-11 forests have contributed 91 thousand cubic meters of timber and 261 thousand cubic meters of firewood as compared to 93 thousand cubic meters timber and 263 thousand cubic meters firewood in 2009-10. Watei Resouices Water is the basic human need and as we know a human can live up to 80 days without food, but only a few days without water. Water is the basic need of every living thing on earth as we know no living thing can live without water. However, its use in unbalanced and unmanaged way has made it reduced its quantity to a great extent.Pakistanis now facing a big challengeto meet the requirements for its population and water is becoming scarce in Pakistan. In Pakistan, about 96% of its available water is being utilized for agricultureand the remaining 4% for domestic, industrial and other purposes. Per capita water availability has decreased from 5300 m3 in 1951 to 850 m3 by the year 2013.
  • 30. Influence Of Resouices On Economic Development Moie Pioduction Agiicultuie Development Industiial Development Inciease in Foiex 01 02 03 04 05 Infiastiuctuie Development
  • 31. Challenge s Faced By Economy 07 If we can overcome our challenges we can become a prosperous nation.
  • 32. Challenges Faced By Economy Coiiuption Corruption is a major issue in Pakistan. It affects many aspects of life in the country, including energy crisis for several years, with a significant shortfall in electricity and gas supply. This crisis has been caused by a combination of factors, including a lack of in new power investment generation, maintenance inadequate of existing infrastructure, and a growing population and economy that are putting increased strain on the energy system. Eneigy Ciisis Pakistan has been facing an major problem in Pakistan for several decades, with various militant groups and terrorist organizations operating in country. the These groups have carried out a wide range of attacks, including bombings, kidnappings, and assassinations. Teiioiism Terrorism has been a government, business, and society as a whole. Some of the most common forms of corruption in Pakistan include bribery, embezzlement, and nepotism. The government has taken steps to address corruption, such as enacting anti-corruption laws and establishing institutions to investigate and prosecute corrupt officials. 01 02 03
  • 33. Challenges Faced By Economy Tax Evasion Unemployment is significant problem a in Pakistan. The unemployment rate in the country has been consistently high in recent years, and it varies depending on the demographic. contribute region and Factors that to high include a rapidly unemployment in Pakistan growing population, lack of job opportunities, and a lack of education and skills among the workforce. Literacy Pakistan increasing rate in has been over the years, but it remains low to other relatively compared countries. In 2021, the literacy rate in Pakistan is around 60%, which is low to other in the considered compared countries region. Tax evasion is a significant problem in Pakistan. The country has a relatively low tax-to-GDP ratio, which means that a large portion of the population is not paying taxes. This is partly due to the fact that a large segment of the economy is informal and not subject to taxation, and also due to widespread corruption among tax officials. Pakistan address tax evasion, such The government of has taken steps to as increasing enforcement efforts and implementing new technology to improve tax collection Yout h Unemployment illiteiacy 04 05 06
  • 34. 08 Conclusion The economy of Pakistan has faced many challenges in recent years, such as high inflation, a large trade deficit, and a shortage of foreign currency. The government of Pakistan has implemented a number of economic reforms in an effort to address these issues and improve the economy. For example, it has sought financial assistance from international organizations such as the International Monetary Fund (IMF) and has taken steps to increase exports and reduce
  • 35. How To Impiove The Economy Inciease Tax Collection Pakistan has a relativelylow tax-to- GDP ratio, which means that a large portion of the population is not paying taxes. Improving infrastructure, such as roads, power plants, and ports, would help increase economic growth by making it easier for businesses to operate and for goods to be transported. Reduce Coiiuption Pakistan ranks poorly in global corruption indices, which hinders foreigninvestment, tourism and development in general. Inciease ieduce impoit Pakistan has a large trade deficit, which means that it imports more goods than it exports. Increasing exports and reducing imports would help. Develop expoits and infiastiuctuie 01 02 03 04
  • 36. How To Impiove The Economy Boosting human capital A well-educated and skilled workforceis a key ingredient for economic growth. Improving education, healthcare,and training programs would help increase productivity and competitiveness. Impiove the ease of doing business making it easier to start, run and close a business, by reducing red tape and providing better access to finance and technology could also have a positive impact on the economy. Reduce eneigy cost Pakistan's economy is heavily dependent on energy imports, and the high cost of energy is one of the factors holding back economic growth. Investing in renewableenergy and increasing energy efficiency would help reduce energy costs and boost growth. 05 06 07
  • 37. tion te ons by nd illust CREDITS: This presenta Slidesgo,and includes ic images by Freepik a mplate was created by Flaticon,infographics & rations by Storyset Thanks!