5 Year Plans of The Economy of Pakistan

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5 year plans of the economy of Pakistan

Plan Period Objectives Allocation Targets Sectors Achievements Problems Remarks


covered
01 1955-1960 to raise the national agriculture increase national Agricultural  13% increase in Plan was never Most targets were not
and per capita industry income by 15% Industrial national income approved and did not fully achieved
income increase population Unemployment receive government Many projects took
creation of by 7% situation worsened support longer than expected
employment increase balance of 5.6% fall in export Planning machinery was Lack of coordination
increase production payments by 15% index not effective between government
in agricultural and 60% increase in Industrial production Financial resources fell agencies
industrial sectors production of increased by 42.36% short Shortage of material
increase economic industries 400,000 children Failure in agricultural and key personnel
development Rehabilitation and admitted to primary sector
reduce regional renovation of schools and 195,000 in No definite weightage
disparities railway secondary schools given to the plan
improve standard of Increase in savings Literacy rate declined Higher education
living up to 5% to 15% priorities were distorted
Admission of 1 Performance in
million children in transport was less
primary and encouraging
144,000 in
secondary schools
02 1960-1965 Increase in national agricultural Increase national agricultural 25% increase in Food production Slow momentum
income so as to industrial income by 20% industrial national income declined Low standard of living
raise the level of transport Increase in per transport Public investment Deficit financing Poor economic growth
living in the country communication capita income by communication Rapid industrialization Severe forex crisis Rise in prices
development of 10% Expansion of mills 
basic and heavy Increase population Increase in foreign
industries by 9% assistance
expansion of Increase in
employment employment
opportunities Enhanced transport
equal distribution of and communication
wealth and power Better social services
03 1965-1970 Effective use of Agricultural Focus on GNP Agricultural Increased role of states Financial difficulties Balanced regional
resources Community Enhance private Community Establishment of Forex crisis development
 5% increase in development sector development primary schools in Adverse weather Promotion and
national income Communication Expansion of Communication villages Indo-Pak war development of heavy
Increase production Industries financial sector Industries Entrusting state Growth rate reduced to industries
in agriculture Misc. Misc. government for 4% Launching of 4th plan
 Expand basic construction of roads National income only was delayed due to
industries Formation of small increased by 12% hurdles
Generate organizations Agricultural produce The results were
employment Beginning of green only by 2.8% disappointing to
Establish equality revolution Industrial produce people due to high
among citizens Emphasis on oil increased only by 7.8% expectations
conservation, 
afforestation and
irrigation
Decentralization
Progress in import
substitution program
Setting up of industries
04 1970-1975       

05 1978-1983       

06 1983-1988       

07 1988-1993       

08 1993-1998       

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