Economy of Pakistan
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Transcript of Economy of Pakistan
GROUP # 05
GROUP MEMBERS:
TOPIC:
•Economy of Pakistan
What is Economy ?
An economy or economic system consists of
ProductionDistributionConsumptionTradeof limited goods and services by different
agents in a given geographical location.
Factors affecting economy
• Growth And Investment
• Agriculture
• Manufacturing
• Fiscal Development
• Money and Credit
• Inflation
• Capital Market
Factors affecting economy
• Trade and Payments
• External and Domestic Debt
• Education
• Health And Nutrition
• Population,
• Labor Force
• Employment
Challenges to Pakistan’s Economy
• We Consume More and Save Less
• We Import More and Export Less
• Government Spends More than it Earns as Revenues.
• Our Share in the World Trade is Shrinking.
Challenges to Pakistan’s Economy
• We Face Energy and Water Shortages.
• Cost of Doing Business is High.
• Crisis of Governance and Implementation Weaknesses.
• Young Labor Force
Economic History of Pakistan
At the time of independence in 1947, Pakistan was a very poor
country and its economy Marjory depends on agriculture.
Average annual was 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s.
Average annual growth fell to 4.6% in the 1990s with
significantly lower growth in the second half of that decade.
Economic History of Pakistan
During the 1960s, Pakistan was seen as a model of economic development around the world, and there was much praise for its economic progression.
The capital Karachi was seen as an economic role model around the world, and there was much praise for the way its
economy was progressing.
Sectors of Pakistan economy
Agriculture Industry Automobile industry CNG industry Cement industry
Sectors of Pakistan economy
IT industry Textiles Services Communication Electricity
Economic measures
Consumer spending Exchange rate Gross domestic product GDP per capita GNP Stock Market
Economic measures
Interest rate Government debt Rate of Inflation Unemployment Balance of Trade
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