These reports have been made by me and my classmates at the NED University Karachi.
the sole purpose of uploading these reports here to help the free flow of knowledge to everyone.
2. Two Pillars of the State ;
-Strong Economy
-Strong Defense
ECONOMY
AND IT’S IMPORTANCE
THE ECONOMY IS AN INDICATOR OF DEVELOPMENT AND SUSTAINABILITY.
A GOOD ECONOMY ENSURES BETTER CHANCES OF SURVIVAL AND
DEVELOPMENT OF A STATE.
IF WE UNDERSTAND THE CYCLES AND SYSTEM OF ECONOMY, WE CAN
BETTER UNDERSTAND HOW TO MANGE OUR MONEY AND SOCIETY!
3. AN OVERVIEW OF
PAKISTAN’S ECONOMY
20TH LARGEST ECONOMY IN THE WORLD IN TERMS OF GDP BASED ON PURCHASING
POWER PARITY(PPP).
35TH LARGEST IN TERMS OF NOMINAL GDP.
PAKISTAN HAS A SEMI-INDUSTRIALIZED ECONOMY, WHICH MAINLY ENCOMPASSES;
a. AGRICULTURE
b. TEXTILES
c. CHEMICALS
d. FOOD PROCESSING, ETC.
16. CHALLENGES TO
PAKISTAN’S ECONOMY
WEAK ECONOMIC TEAM.
FISCAL INDISCIPLINE.
WE IMPORT MORE AND EXPORT LESS.
WE CONSUME MORE AND SAVE LESS.
GOVERNMENT SPENDS MORE THAN IT EARNS AS REVENUE.
ENERGY AND WATER CRISIS.
POLITICAL INSTABILITY, LAW AND ORDER/SECURITY.
17. LET’S REVISE THE
STEPS THAT
WE NEED TO FOLLOW
NEWLY ELECTED GOVT. MUST BRING A STRONG ECONOMIC TEAM.
WE MUST CHANGE OUR PSYCHE AND MINDSET
BUILDING UP OF HUMAN CAPITAL
IMPROVE THE USE OF TECHNOLOGY
PREPARE QUALIFIED YOUNG LABOUR FORCE
NO ROOM FOR BUSINESS-AS-USUAL POLICY.
18. CONCLUSION
PAKISTAN AND ITS PEOPLE HAS A LOT OF POTENTIAL AND WE ARE BLESSED WITH
A LOT OF RESOURCES.
IF THE GOVERNMENT PLANS WISELY, AND THE PEOPLE WORK HARD, THE
ECONOMY OF PAKISTAN CAN BE TAKEN TO A WHOLE NEW LEVEL.
THE MORAL IS THAT THE GOVERNMENT AND EVERY INDIVIDUAL IN THE SYSTEM
NEEDS TO PLAY THEIR ROLE TO HELP IN THE ECONOMICAL PROGRESS OF THE
COUNTRY.