Download - Pakistan Economy
معیشت ستاناکپ کی
PAKISTAN ECONOMY
Prepared By:
JAHANZEB MEMON
Presented By:Arshad Ali Panhwar, Sajid Ali
Soomro, Fayaz Suhag, Ayaz Ahmed Lund & Jahanzeb Memon
Presented To:Sir Abdul Manan Arslan Shaikh
Financial District of Karachi
Economy was on
Auto Pilot
ARSHAD ALI PANHWAR
CONTENT مواد
Concept Of Economy and its types Economics System of the World
Capitalism Planed Economy
Communism Socialism
Mixed Economy
Economics is the study of How a society uses scarce resources to produce and distribute goods and services…
Economics
An economic system is the method used by a society to produce and distribute goods and services by utilizing factors of production.
Economic System
ECONOMIC SYSTEM OF THE WORLD
Free Market or Capitalism Planned Economies
CommunismSocialism
Mixed Economies
An economic system based on competition in the marketplace and private ownership of the factors of production; also known as the private enterprise system.
Examples of Capitalism: USA, Singapore etc.
Capitalism/ Free Market (Market Economy)
Socialism
An economic system in which the factors of production are owned and operated either by the government itself or by the private sector under strong government control. It is called as planned or command economy.
Ex. China, New Zealand, Canada
Communism All the factors of production and
enterprises concerned with the production and distribution of goods and services, is owned and operated by the government and whole national income is taken and distributed by the government according to ability and need of individuals.Karl Marx is the founder of Communism philosophy.
Example: Russia.
Mixed Economies
Economies that combine several systems; for example, an economy where the government owns certain industries but others are owned by the private sector.
Examples: France, UK, Pakistan
SAJID ALI SOOMRO
content مواد
Mixed Economy Of Pakistan Economic Resources of Pakistan
1. MINERAL RESOURCES2. WATER RESOURCES3. Agricultural Resource4. Industrial Development
MIXED ECONOMY OF PAKISTAN
Pakistan has a developing mixed economy based largely on agriculture, light industries, and services. The Government has placed special emphasis on the liberalization and privatization of the economy since 1990. The Gross National Product (GNP) is increasing more rapidly than the population, but the GNP per capita is among the lowest in Asia, but the highest in South Asia.
Economic Resources of Pakistan
MINERAL RESOURCES:
Coal is also named as black gold is found into huge quantities in Thar, Quetta and other sites.
Thar reserves are estimated 850 Trillion Cubic Feet.
There is enough coal in Pakistan in Thar area. That it can be used for power generation for next 100 years without relying on other i.e. hydro / oil resources.
Pakistan recently discovered one low and four low-to-medium quality coal seams in the Punjab.
NATURAL GAS
The Sui gas field is the largest, accounting for 26% of Pakistan’s gas production. Gas deposits of Sui discovered in 1953.
Daily production is 19 million cubic meters a day. Under the barren mountains of Balochistan and the sands of Sindh, there are untouched oil and gas reserves.
Major users of natural gas areas are Karachi, Lahore, Faisalabad, Multan, Rawalpindi and Islamabad.
WATER RESOURCESFishing Industry:
The fishing industry plays a role in the national economy of Pakistan. The coastline is 814km and fishery resources still have room to grow. Fishing in Pakistan is a major source of export earnings.
About 28% of Pakistan’s total land area is under cultivation. The most important crops are cotton, wheat, rice, sugarcane, maize, pulses, fruits and vegetables, which together account for more than 75% of the value of total crop output.
AGRICULTURAL RESOURCE
INDUSTRIAL DEVELOPMENT
Development of agriculture sector means the development of industrial sector.
Power and energy resources like oil and gas etc. are like primary requirement of industrial development. Iron and steel resources are helpful to develop the industrial sector. Furniture and fishing industries are mainly depend upon natural resources.
Population 182,490,721 6th
Population Bellow Poverty Line 14% (2013)
Labor Force 59.21 million (2012)
Labor Force onAgriculture 45.1%Industry 20.7%Services 34.2% (2010)Unemployment 6.2% (2012)
Knowledge About Pakistan
FAYAZ SUHAG
content مواد Gross Domestic Product (GDP) Economy Of Pakistan Pakistan GDP Ranking GDP Graph GPD Consumption
GROSS DOMESTIC PRODUCT (GDP)
The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.
Pakistan Economy
Business Rank 107th (2013)
GDP (PPP) Rank 27th $514.559 billion (2012)
Per Capita $2,960
GDP (Nominal) Rank 44th $230.525 billion (2012)
Per Capita $1,410
Currency 1 Pakistani Rupee (PKR)Fiscal Year 1 July – 30 June
Pakistan GDP
YearGross Domestic
ProductUS Dollar Exchange
Inflation Index (2000=100)
1960 100 4.76 .Rs
1980 283,460 9.97 .Rs 21
1985 569,114 16.28 .Rs 30
1990 1,029,093 21.41 .Rs 41
1995 2,268,461 30.62 .Rs 68
2000 3,826,111 51.64 .Rs 100
2005 6,581,103 60.40 .Rs 126
2010 80 Rs
2013 10379262 106.9
REAL GDP INFLATION RATE
Year Percentage
2001 1.9%
2002 3.2%
2003 4.9%
2004 7.4%
2005 7.7%
2006 6.1%
2007 5.6%
2008 3.7%
2009 1.7%
2010 3.8%
2011 2.4%
2012 3.7%
2013 4.8%
Year Percentage
Aug-2013Sep-2013Oct- 2013
8.557.399.08
PAKISTAN GROWTH DOMESTIC PRODUCT (GDP)
1960-2013
GDP Composition By Use End
Household Consumption: 87.3%
Government Consumption: 8.3%
Investment in Fixed Capital: 10.9%
Investment in Inventories: 1.6%
Exports of Goods and Services: 12.5%
Imports of Goods and Services: -20.6%
(2012)
120.6 – 20.6100%
AYAZ AHMED LUND
CONTENT مواد
Gross National Product GNP Value Money Index Federal Budget 2013-14
GROSS NATIONAL PRODUCT (GNP)GNP is a measure of a country's economic performance, or what its citizens produced (i.e. goods and services) and whether they produced these items within its borders.
GROSS NATIONAL PRODUCT (GNP)
543.6 Billion PPP Dollars (2012)
11.1% Of GDP (2012)
MONEY INDEX
Unit Value
1 Hundred 1001 Thousand 100010 Thousand 100001 Lakh 1000001 Million 10000001 Crore 10000000100 Million 1000000001 Billion 100000000010 Billion 10000000000100 Billion 1000000000001 Trillion 1000000000000
Zeros
2
3
4
5
6
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9
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12
Federal Budget 2013-14
3.5 Trillion = 3500000000000 PKR
35 کرب$32740879326.47334 Us Dollar
Deficit 2013-141.6 trillion = 1600000000000 PKR
Year Percentage
2008 -7.3%
2009 -5.2%
2010 -5.9%
2011 -6.4%
2012 -6.7%
JAHANZEB MEMON
content مواد
Challenges To Pakistan’s Economy Economic Problems Of Pakistan Types Of Trade External Trade Government DICTATORSHIP IN PAKISTAN EDUCATION POVERTY CORRUPTION CHILD LABOR
CHALLENGES TO PAKISTAN’S ECONOMY
1. We Consume More and Save Less2. We Import More and Export Less3. Government Spends More than it Earns as Revenues4. Our Share in the World Trade is Shrinking5. We Badly Lag in Social Indicators6. We Face Energy and Water Shortages7. Cost of Doing Business is High8. Crisis of Governance and Implementation Weaknesses9. Uncertainty and Unpredictability due to Lack of Continuity10. Political Stability, Law and Order/Security
ECONOMIC PROBLEMS OF PAKISTAN:
1. Poor Utilization Of Resources2. Unequal Distribution Of Wealth3. Poor Monetary Policy4. Poor Fiscal Policy5. Corruption6. Poverty7. Unstable Government8. Hoarding9. Money Laundering10. Shortage Of Skilled Workers11. Wastage Of Economic Resources By Terrorism Activities
TYPES OF TRADE
1. Internal Trade
2. External Trade
3. Wholesale Trade
4. Retail Trade
EXTERNAL TRADE
Exports $29.66 BillionPakistan Exports GoodsTextiles Rice Leather Goods Sports Goods
a. Garments Chemicals Manufactures Carpets
b. Bed Linen Steel Food Stuffs Fertilizer
c. Cotton Animal Electrical Rug
d. Cloth Sugar Cement Petroleum
e. Yarn Equipment
Main Export Partners
13.3% 10.9% 8.6% 8.5%
USA China UAE
Afgan
Iron Petroleum Product Machinery PlasticsEdible Oil Paper Paperboard Tea Steel Transportation Equipment
MAIN IMPORT PARTNERS
19.8% 12% 11.9% 6.2%
Imports $33 Billion (2013)
China UAESaudi ArabKuwait
PAKISTAN IMPORTS GOODS
PAKISTAN FACING PROBLEMS
GOVERNMENT (UNSTABLE)حکومت مستحکم غیر
Military Dictatorship declared 12 October 1999 Parliament disbanded
Constitution suspended
International lending community don’t support dictatorship Formerly a federal republic, Pakistan's now military controlled
dictatorship is a large part of the problem.
DICTATORSHIP IN PAKISTAN
TERRORISM IN PAKISTAN
At present the gravest problem that Pakistan is facing is terrorism. It has become a headache for federation and a nightmare for public. Though, it is a global issue but Pakistan has to bear the brunt of it. Pakistan’s involvement in the War on Terror has further fuelled the fire. We are facing war like situation against the terrorists.
PLAYERS
CIVILIANS
POLITICIANS
MILITANTS
MEDIA EXTERNAL
FORCES
RESOLUTION
PEACE ACT
AWARENESS
HONESTY
SECURITY
PROPER ADMINISTRATION
CITIZENS RIGHTS
EDUCATION1. Education Most Powerful Weapon Which Can Change The
World.
2. “Live as if you were to die tomorrow. Learn as if you were to live forever.”
3. “You educate a man; you educate a man. You educate a woman; you educate a generation.”
4. “Intelligence plus character-that is the goal of true education.”
EDUCATION IN PAKISTAN
5. 57% Is PAKISTAN literate
6. Limits Opportunities Of Women
7. Women Don't Enter Workforce
8. Poorly Educated About Family Planning
9. No Control Of Population
10. Low Literacy Rates With High Population Growth
Some Quotations
POVERTY غربت Uneducated population unattractive to foreign business Difficult to recruit
foreign businesses.
No foreign investment, Pakistan remains poor.
Without foreign investment, Pakistan lacks the resources to bring about positive economic development.
Without positive economic development, Pakistan is unable to attract foreign
investors.
POVERTY
CORRUPTION رشوتخوری
Corruption is another huge social problem. According to latest report of Transparency International, Pakistan has been ranked at 42nd number among the most corrupt nations of the world.
CHILD LABOR
Child labor is widespread in Pakistan. Whether in bigger cities or in small villages, we find innocent malnourished children employed in various forms of labor. They are working as welders, mechanics, plumbers, electricians and in industries like carpet-weaving, glass and football making. Meager wages are paid to these children and no facilities for education are provided.
Media and NGOs have always condemned child labor. In past, some countries refused to import those goods from Pakistan in whose making children were employed. But despite all these factors, due to growing inflation and poverty, parents are bound to send their children to work to light their stoves.
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