Pakistan Economy Challenges Prospects

ECONOMY OF PAKISTAN CHALLENGES AND PROSPECTS1 1. Introduction. It is indeed great honour and pleasure for me to be spending this morning with you. I am quite awake of the fact that this is one of the finest institution Pakistan has and I always reinforcement saying that if we had institutions like C & SC replicated in our civilian life, the country would be much better off, therefore, I call up you and I am sure that all of you would be revolt stars of Pakistan Armed Forces and would make a contribution which is badly necessitate for the uplift of the country. Gentlemen! I am going to talk to the highest degree a subject which practically affects either single sector of life, which is economy. It underpins every walk of life and there is great need of interaction between health of economy and the defence forces. 2. An Overview. permit me give you a brief overview in simple terms as to what the structure of this economy is? In 1947, Pakistan had 30 gazillion spate with per capita income of 100$. Agriculture accounted for almost 50% of stinting output with hardly any manufacturing, as all industries were fixed in India. Therefore, it was unable to feed 30 million people and was dependent on PL-480 imports from the USA. From thereon, Pakistan has come a long way. forthwith with 170 million people, our per capita income in 2008 was 1000$ which was ten time more.

Pakistan is the third largest exporter of rice in the world and producing enough forage grains to feed its people. 3 million tons of rice is exported every year by Pakistan which is surplus to our requirements. Pakistan is also one of the louver major textile producing countries in the world. So if we measure in relation to where we were vis-à-vis structure of economy, agriculture has come down from 50% to 20%. Therefore, out of total national income, agricultures contribution is just 20%, but instead of macrocosm deficient in food production, we are                                                              Lecture delivered to the... If you want to scramble a full essay, order it on our website: Orderessay

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