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Pakistan's Economy.pptx

Mar. 29, 2023
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Pakistan's Economy.pptx

  1. Pakistan's Economy Abuzar Ghaffari
  2. Outline Why is economy is important? Overview of Pakistan's economy Major imports of Pakistan Major exports of Pakistan Importance of agriculture in Pakistan economy Major cropping seasons
  3. Why is Economy important?  The economy is an indicator of development and sustainability.  A good economy ensures better changes of survival and development of a state.  If we understand the cycles and system in economies, we can better understand how to ,manage our money and society.
  4. Overview of Pakistan's Economy  The economy of Pakistan is the 26th largest in the worlds in terms of purchasing power parity(PPP), and 44th largest in terms of nominal GPD.  In 1947, Pakistan had 30 million people with per capital income of 100$.  Agricultural accountant for almost 50% economic output with hardly any manufacturing, as all industries located in India.  Therefore, it was unable to feed 30 million people and was dependent on the imports from USA.
  5. Major Exports  Row cotton, textile products.  Rice  Leather and leather products  Carpets and rugs.  Synthetic Textiles  Surgical instruments  Supports goods  Vegetables fruits and fish  Engineering goods  Chemical products
  6. Major Imports  Machinery  Petroleum  Chemicals products  Vehicles and spare parts  Edible oil  Wheat  Tea  Fertilizers  Plastics materials  Paper board
  7. Importance of agriculture in Pakistan economy  Agriculture constitutes the largest sector of our economy. Majority of the population, directly or indirectly, dependent on this sector. It contributes about 24 percent of Gross Domestic Product (GDP) and accounts for half of employed labor force and is the largest source of foreign exchange earnings. It feeds whole rural and urban population.
  8. Kharif Crops  Pakistan has two cropping seasons, "Kharif" being the first sowing season starting from April-June and is harvested during October- December. Rice, sugarcane, cotton, maize, moong, mash, bajra and jowar are “Kharif" crops.
  9. Rabi Crops  "Rabi", the second sowing season, begins in October-December and is harvested in April-May. Wheat, gram, lentil (masoor), tobacco, rapseed, barley and mustard are "Rabi" crops. Pakistan’s agricultural productivity is dependent upon the timely availability of water.
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