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.

Thar Coal

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

7

8

9

10

11

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.

THANKS