A glimpse of glorious history…..A glimpse of glorious history…..
average economic growth rate after independenceaverage economic growth rate after independencewas higher than the average growth rate of thewas higher than the average growth rate of theworld economyworld economy
6.8% in the 1960s6.8% in the 1960s 4.8% in the 1970s4.8% in the 1970s 6.5% in the 1980s6.5% in the 1980s fell to 4.6% in the 1990sfell to 4.6% in the 1990sAverage annual GDP growthAverage annual GDP growthratesrates
During the 1960s, Pakistan was seen as a model ofDuring the 1960s, Pakistan was seen as a model ofeconomic development around the worldeconomic development around the world Korea South Copied Strategic economic planKorea South Copied Strategic economic plan World Financial Center in Seoul is designed andWorld Financial Center in Seoul is designed andmodeled after Karachimodeled after KarachiPakistan Became RolePakistan Became RoleModelModel
Economy went downEconomy went down Debts continued to increaseDebts continued to increase Terrorism startedTerrorism started Law and order became worstLaw and order became worstThen came the down fallThen came the down fall
729 billion rupees flight capital729 billion rupees flight capital Current reserves of Pakistan which State bank ofCurrent reserves of Pakistan which State bank ofPakistan have are 7 Billion dollars.Pakistan have are 7 Billion dollars. GDP growth 3.2GDP growth 3.2 (Less than some poor african countries)(Less than some poor african countries)
13National Costs of Load SheddingNational Costs of Load SheddingCost to the Industrial SectorCost to the Industrial Sector Rs 157 billionRs 157 billionCost to the other sectors of industrialCost to the other sectors of industrialloss of Value Addedloss of Value Added Rs 53 billionRs 53 billionTotal cost of industrial load sheddingTotal cost of industrial load sheddingto the economyto the economy Rs 219 billionRs 219 billionCost as percentage of GDPCost as percentage of GDP 2 %2 %Loss of employment in the economyLoss of employment in the economy 400,000400,000Source: IPP estimates listed in Beacon House National University publication: State of theEconomy – Emerging from Crisis 2008
14ECONOMIC IMPACT DUE TO ENERGY DEFICITECONOMIC IMPACT DUE TO ENERGY DEFICITFor firms with self generationFor firms with self generationAdditional cost of Power self GenerationAdditional cost of Power self Generation Rs 32 billionRs 32 billionValue Added LossValue Added Loss Rs 42 billionRs 42 billionTotal CostTotal Cost Rs 74 billionRs 74 billionFor firms without self generationFor firms without self generationAdditional cost of Power self GenerationAdditional cost of Power self Generation Rs 6 billionRs 6 billionValue Added LossValue Added Loss Rs 77 billionRs 77 billionTotal CostTotal Cost Rs 83 billionRs 83 billionOverall Cost to the Industrial SectorOverall Cost to the Industrial Sector Rs 157 billionRs 157 billionCost as % of Industrial value addedCost as % of Industrial value added 9%9%Percentage loss of ProductionPercentage loss of Production 7%7%Loss of industrial EmploymentLoss of industrial Employment 300,000 workers300,000 workers
Rank County NameRank County Name 11 ColombiaColombia 22 IsraelIsrael 33 PakistanPakistan 44 United StatesUnited StatesLikelihood Of TerroristLikelihood Of TerroristAttackAttack
Pakistan started to sufferPakistan started to sufferBut……….But……….
So, Sit back and watchSo, Sit back and watchWe still are having worldsWe still are having worldsgreatest resourcesgreatest resources
RankRank CountryCountry11 ChinaChina22 IndiaIndia33 USAUSA44 PakistanPakistanCotton productionCotton production
RankRank CountryCountry11 EUEU22 ChinaChina33 IndiaIndia77 PakistanPakistanWheat productionWheat production
WheatWheat Wheat is the most popularWheat is the most popularcash crop of Pakistan.cash crop of Pakistan. We use wheat and itsWe use wheat and itsproducts in a number ofproducts in a number ofways.ways.
RankRank CountryCountry11 ChinaChina22 IndiaIndia33 IndonesiaIndonesia1111 PakistanPakistanRice ProductionRice Production
RiceRice Rice holds an importantRice holds an importantposition among the cashposition among the cashcrops of Pakistan.crops of Pakistan. It fulfills the foodIt fulfills the foodrequirements of our countryrequirements of our countrybut we also earn a lot ofbut we also earn a lot offoreign exchange from itsforeign exchange from itsexport.export. Besides it is an importantBesides it is an importantraw material forraw material formanufacturing grain as wellmanufacturing grain as wellas its husk is also used asas its husk is also used asfodder for cattle.fodder for cattle.
CropsCrops The most important cropsThe most important cropsare wheat, sugarcane,are wheat, sugarcane,cotton, and rice.cotton, and rice. Pakistans largest food cropPakistans largest food cropis wheat.is wheat. Pakistan exports rice,Pakistan exports rice,cotton, fish, fruitscotton, fish, fruits(especially Oranges and(especially Oranges andMangoes), and vegetables,Mangoes), and vegetables,wheat, cotton, pulses andwheat, cotton, pulses andconsumer foods.consumer foods.
LivestockLivestock The livestock sectorThe livestock sectorcontributes about half of thecontributes about half of thevalue added in thevalue added in theagriculture sector,agriculture sector,amounting to nearly 11 peramounting to nearly 11 percent of Pakistans GDP.cent of Pakistans GDP. The worlds fifth largestThe worlds fifth largestmilk producing country andmilk producing country andAsia’s largest camel market.Asia’s largest camel market.
FishingFishing Fishery and fishingFishery and fishingindustry plays an importantindustry plays an importantrole in the nationalrole in the nationaleconomy of Pakistan.economy of Pakistan. With a coastline of aboutWith a coastline of about814 km, Pakistan has814 km, Pakistan hasenough fishery resourcesenough fishery resourcesthat remain to be fullythat remain to be fullydeveloped. It is also a majordeveloped. It is also a majorsource of export earning.source of export earning.
Pakistan’s Coal ReservesPakistan’s Coal ReservesSindhSindh186.560 billion tonnes186.560 billion tonnesThar 175 billionThar 175 billiontonnestonnesPunjabPunjab235 million tonnes235 million tonnesBalochistanBalochistan217 million tonnes217 million tonnesKPKP90 million tonnes90 million tonnesAzad KashmirAzad Kashmir9 million tonnes9 million tonnesTharThar30www.sindhcoal.gos.pk
Coal Used in Electricity Generation & Lignite ReservesCoal Used in Electricity Generation & Lignite Reserves% age of ElectricityGenerated from CoalLignite ReservesBillion tonnesSouth Africa 94 30.15*Poland 93 1.37China 81 18.6Australia 76 37.2Israel 71 -Kazakhstan 70 12.1India 68 4.5Czech Republic 62 0.98Morocco 57 -Greece 55 3.02USA 49 30.16Germany 49 40.6World Average 41 195.38Pakistan 0.1 186.2*** Sub bituminous & Anthracite reserves only** Thar Coal Resources are 175 billion tonnes Proven Reserve in 9 explored Blocks alone is 20 billion tonnes( Source,2008, IEA)31www.sindhcoal.gos.pk
World 29World 29ththlargest gas reserveslargest gas reserves 5353rdrdlargest Oil reserveslargest Oil reservesOil & Gas reservesOil & Gas reserves
Gawadar portGawadar port Backbone of PakistanBackbone of Pakistan
A CHROMITE MINE ATA CHROMITE MINE ATCHAGAICHAGAI
A LIMESTONE MINE INA LIMESTONE MINE INPOTOHAR PLATEAUPOTOHAR PLATEAU
Incentives for Thar Coal DevelopmentIncentives for Thar Coal Development Zero percentZero percent customs dutiescustoms duties on import of coal mining equipmenton import of coal mining equipmentand machinery including vehicles for site use.and machinery including vehicles for site use. ExemptionExemption on withholding tax to shareholders on dividend for initialon withholding tax to shareholders on dividend for initial30 years.30 years. Exemption on withholding tax on procurement of goods andExemption on withholding tax on procurement of goods andservices during project construction and operations.services during project construction and operations. Exemption for 30 years on other levies including special excise duty,Exemption for 30 years on other levies including special excise duty,federal excise duty,federal excise duty,37www.sindhcoal.gos.pk
A COPPER MINE INA COPPER MINE INPAKISTANPAKISTAN
Tourism SectorTourism Sector Many Countries GainMany Countries Gain
66ththlargest Armed forces, with latest technology inlargest Armed forces, with latest technology inhand.hand.And our pride…….And our pride…….
With all these things in our hand if we say we are aWith all these things in our hand if we say we are afailure state then we are totallyfailure state then we are totallyWrongWrong