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    Muhammad Jawad
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    Over the last 5 years, Pakistan's economy has experienced both growth and declines in key economic indicators. The real GDP growth declined from 1.9% in FY19 to -1.5% in FY20. Agriculture grew by 2.67% while manufacturing and mining declined by 5.4%. Unemployment increased from 4.45% to 5.5% and inflation rose from 12.7% to 11.2% during this period. To address issues like low tax revenues, rising debt, and unemployment, the government has implemented programs for poverty alleviation, job creation, and controlling inflation. Moving forward, policies focus on industrial relocation, investment incentives, CPEC project acceleration, and diaspor

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    Over the last 5 years, Pakistan's economy has experienced both growth and declines in key economic indicators. The real GDP growth declined from 1.9% in FY19 to -1.5% in FY20. Agriculture grew by 2.67% while manufacturing and mining declined by 5.4%. Unemployment increased from 4.45% to 5.5% and inflation rose from 12.7% to 11.2% during this period. To address issues like low tax revenues, rising debt, and unemployment, the government has implemented programs for poverty alleviation, job creation, and controlling inflation. Moving forward, policies focus on industrial relocation, investment incentives, CPEC project acceleration, and diaspor

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    14 views9 pages

    5 Years of Eco Trends in Pak

    Uploaded by

    Muhammad Jawad
    Over the last 5 years, Pakistan's economy has experienced both growth and declines in key economic indicators. The real GDP growth declined from 1.9% in FY19 to -1.5% in FY20. Agriculture grew by 2.67% while manufacturing and mining declined by 5.4%. Unemployment increased from 4.45% to 5.5% and inflation rose from 12.7% to 11.2% during this period. To address issues like low tax revenues, rising debt, and unemployment, the government has implemented programs for poverty alleviation, job creation, and controlling inflation. Moving forward, policies focus on industrial relocation, investment incentives, CPEC project acceleration, and diaspor

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    of 9

    Economic Trends of Pakistan

    over last 5 Years

    PRESENTER: Abbas Zulqurnain, PMS


    INSTRUCTOR: Zoune Arif, Instructor (P)
    30TH PSMG, MPDD, LAHORE
    Definitions 2

     Economy
    Economy of PAKISTAN 3

    Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in
    FY201
    The economy of Pakistan like other economies has a diverse structure with three main sectors -
    agriculture, industry and services. The agriculture sector, as mentioned earlier, grew by 2.67 percent.
    The crops sector has witnessed positive growth of 2.98 percent during FY2020 mainly due to positive
    growth of 2.90 percent in important crops.
    Manufacturing and Mining declined by 5.4 percent during
    Fiscal Development fiscal deficit has substantially reduced to 4.0 percent of GDP during July-March
    5 years Comparison
    5 years Statistics
    2015-16 2016-17 2017-18 2018-19 2019-20

    GDP Growth Rate 5.5 5.6 5.8 1.0 -0.38

    Agriculture 0.2 2.2 4.0 0.6 2.7

    Manufacturing 2.9 3.4 4.3 -0.9 -0.1

    Services 5.7 6.5 6.3 3.8 -0.6

    Unemployment 6.0 6.0 5.7 4.45 5.5

    Inflation 3.7 5.4 5.4 12.7 11.2

    International Reserves (USD 20.9 18.7 12.4 10.2 19.5


    B)
    Exports (Growth%) -8.8 0.1 12.6 -2.1 1.4

    Imports (Growth%) -0.6 16.7 16.0 -6.8 -16.2

    Remittances Growth% 6.4 -2.8 2.9 9.2 6.0


    TRENDS OF LAST 5 YEARS 5
    ISSUES/BOTTLENECKS 6

     Low Tax To GDP Ratio


     Poor Savings Rate
     Minimal Export Growth
     Negligible Value Addition
     Loose Monetary Policy
     Rising Inflation, Low Pace Of Job Opportunities
     Overvalued Exchange Rate
     Increased Public Debt And Depleted International Reserves
     Twin Deficits
     The Fiscal And The Current Account
    MEASUERS TAKEN 7

     To Control The Price Hike


     Checking Hoarding, Smuggling And Undue Profiteering
     to check inflationary impact, borrowing from SBP has been discontinued
     To Control Poverty
     Ehsaas program, BISP, Sehat Sahulat program
     Unemployment
     KamyabJawan Program
     Naya Pakistan Housing Program
     Ten Billion Tree Tsunami
    WAY FORWARD 8

     Industrial Relocation under CPEC-IC to cater for non-Chinese companies as well


     Incentivizing in SEZs
     Fast tracking of CPEC Projects
     5G deployment be expedited to enable the industrial cooperation in technology
     Building IT and security capacity
     Revisiting priority sectors for investment
     Diaspora investment certificates to solicit funds into quality projects;
    CONCLUSION 9

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