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Old Sunday, March 07, 2010
omerkhan omerkhan is offline
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I wrote 'Pakistan is rich in natural resources but poor in their mgt'

Outline was:
Introduction

Mineral resources
Power resources-fossil fuels and others
Environment suited for agriculture
Forests

Problems: Improper planning
lack of technical knowhow
shortage of capital
Structural issues impeding implementation of plans

Effects of poor mgt of natural resources:
Lack of industrial development
Energy Crisis
Foreign exchange problems as we have to import resources
Macroeconomic instability

Proposed solutions: (wrote solutions of the problems discussed earlier)

Pitfalls in implementing these solutions:
Budget constraints
Lack of will of govt.

Conclusion
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