Higher Economic Problems in Pakistan



Overview of the economy in the past


* Aggrarian to Industrial Economy

* Role of Economic Policies and Plans

* Role of Governments to develop the economy

* Changes in the economy during past five years.



Present Situation


* Comparison of growth and development in the economy

* Main Problems

=> In efficient use of natural resources

=> Lack of technology

=> Low standards of production

=> Low investment in Consumer goods

=> Disbalance in the production of necessities and luxuries

=> External Debts

=> Budget Deficit

=> Disequilibrium in Capital Market and Money Market

=> Deficit BOT

=> Rapid Population Growth

=> Unemployment

=> Un satisfactory Human Capital

=> Corruption

=> dualistic Economy



* Causes of these Problems:

=> Illiteracy

=> Ambiguous economic Planning

=> Political Disturbances

=> Unavailibility of training facilities fir the Unskilled labour

=> Saving investment gap

=> Un availibility of infrastructure.

=> Mis use of finances


* Remedies:

=> Industrialization

=> Infrastructure development for all the sectors of the economy

=> Strategic Planning

=> Administrative Reforms

=> Developing the Human Capital

=> Slowing the rate of population growth

=> Stable Fiscal and Monetary Policies

=> Strategy of Self Management

=> Expanding the markest to International level

=> Strong monitoring

* Conclusion

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