Economic Survey of Pakistan 2005

Posted June 06, 2005 to Pakistan category.

The Economic Survey of Pakistan 2004-2005 was released by the govt. on June 4, 2005. Even the overviews are a bit long, so the following is quick summary of the key facts:
Growth rate: 8.4% this is the figure being talked about everywhere - making Pakistan the second fastest growing economy in the world, just behind China.
Inflation: 9.3%, compared to 3.9% last year.
Net Govt. Revenue: Rs 451.1 billion during the first nine months of the fiscal year, expected revenue Rs 590 billion against a total expenditure estimated at Rs.1050.4 billion in 2004-05.
Defence expenditure: Rs 194 billion, 7.5 per cent higher than last years. this figure is wrong, as it does not include pensions, and a few other items such as military pensions of over Rs35 billion.
Per capita income: $736, almost 12 per cent higher than last years $657.
GDP: $123 billion.
Literacy rate: 52%. This is a doubtful figure, and was questioned during the press conference - no one believed it. Pakistan’s official definition of literacy is not in line with international norms, hence 52% is extremely optimistic
Unemployment rate: 7.7%
Per capita water availability: 1,005 cubic metres this is very low
Agriculture: 7.5% growth, but 38% of Pakistan�s irrigated land is waterlogged and 14% is saline. Agriculture accounts for nearly 23 per cent of Pakistan�s GDP and employs 42 per cent of its workforce.
Handouts give to nationalized loss making companies: Rs 94.57 billion, or 16% of all taxes! this is a staggering figure. The major blood sucking leeches on the back of the Pakistani taxpayer are FFC Jordon, TCP, PIA, Pakistan Steel, Railways, Wapda, KESC, Saindak, Utility Stores and others
Debt: $36.62 billion external and approx $73 billion internal. More than 30% of Pakistan’s budget goes to debt servicing.
Exports: * $10.2 billion* in the first 9 months of the current fiscal year.
Imports: $14.5 billion in the first 9 months of the current fiscal year.
Roads: 259,758 Km in March 2005
Health Budget: Rs 38.0 billion.
Electricity Generation Capacity: 19,389 MW both thermal and hydel
The actual survey :: The Ministry of Fianace has a actual website, with usefull content! Thats quite amazing, considering the rest of the govt. websites.
reactions to the survey:
The paradox of our economic situation is that despite higher economic growth, the trickledown effect to address issues of poverty alleviation, or bridging widespread income inequality or creating more jobs, has not taken place as much as one would have wished.
>> Outgoing fiscal year: options and constraints
An interesting question: Is high economic growth combating rural poverty?
What are the effects of the stock market boom and the rise in property values? There are other interesting questions… more links will be added later.

thanx adnan bhai, I m too busy now adays ,so i am not paticipating warmly,but ur service is appriciatable, well done

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[COLOR=DarkSlateGray]Fields are won by those who believe in winning[/COLOR]

Your welcome brother

wish you best of luck

thanks for such informataion

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[COLOR=RoyalBlue]love is power[/COLOR]

Are Economic Survey is important for only who choose Economics as optional, or its importent for everyone,
and viva content any question from Economics........?

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We know what we are, but know not what we may be!

Hi,

As u have asked about the importance of economics figures are important or not?? I would say that if u have not opted Economics as ur optional subject but DONT THINK U CAN DO WELL WITHOUT ECONOMICS AND ECONOMY OF PAKISTAN (EVEN OF developed countries).

The reason is that if u wanna do CSS then u should know that in different subjects like the compulsory one i.e; Current Affairs, Essay writing, Pakistan affairs and in other optional subjects like International relations greatly deals with ECONOMIC FIGURES AND FACTS!!!!

So, its my own humble advice to ALL the pplz who think that they can't skip the economics subject BCZ, if they thought that; they dont have to deal with economics figurs should revamp their views. As for as my optional subjects are concerned; I HAVE SELECTED ECONOMICS AS MY OPTIONAL SUBJECT . Bcz, I know that NO ONE CAN escape from Economics!!!
Any way, Its my own personal views. Might be someone can put more emphasis on ur question and have more p roper answer!!!

One thing, which i wanna say here is that U SHOULD BE FULLY AWARE OF ECONOMICS AND POLITICAL NEWS AND AFFAIRS!!!! which extraordinary helps u in doing CSS.

Regards,
csp

Mr Adnan,
AOA
Sir i m really greatful to u for such a information bacause i was looking forward this info ut still i m empty handed .
Regards

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Ashir Hassan Rizvi

Thanks dar

i shared lots of things here...... you can have more like this

sir,
i m new in this forum i wana ask one question that if we fix the doller price in the open market or we can say that if we freezes the doller exchange rate the what will the impacts of this operation on the whole economy of pakistan thoroughly but instantly give the answer thanx alot