Preview

Pakistan economic problem

Satisfactory Essays
Open Document
Open Document
409 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pakistan economic problem
If you are true Pakistani then you will probably be aware from the main economic problems of Pakistan? Well if not then you must be aware because the solution of all such problems are connected with your bright and successful future. There have been so far huge sum of the problems related to the economic sector that is all the time in the mood of disturbing the economics of Pakistan. Well we cannot blame the entire mistake on the economic monster because the actual culprits are the policies that are infusing within the Pakistan. More likely the Government of Pakistan has not many successes in solving the problems of Pakistan and hence it is attacking in much forceful manner.

1. Shortage Of Power:

One of the biggest problems that are currently striking in the country very badly then it will surely be the shortage of the power. Load shedding has been attacking the Pakistan at titanic manner and hence no such measures have been taken for its solution. Almost 5 years have been passed for the establishment of the new government but still they believe that they are new and still they need some time for the solutions.

2. Terrorism:

Additionally, when we look over the terrorism then it would be nothing new because Pakistan has been facing the image of extreme terrorism since 1947. There are many countries that are always in race of considering the Pakistan as the terrorist country but it is not their fault because we are still supporting the strong relationships with all such countries. The just reason for closing their mouths is to take special measures that can just be arrived through communication and peace settlement with the terrorism. On the other side as Pakistan is all the time filled with the terrorist danger then the number of tourist is also less and for that reason Pakistan is also running less shortage with the finances. If we look around then there are no such country that is depicting traditional and cultural image of their country just like Pakistan.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    I was just ten when my parents told me that my dad got a new job and that we had to move from New York to Georgia. At that moment millions of thoughts rushed into my mind. I didn't want to move. I had a lot of friends and family here, I was on a little league team, everything is great here, and I didn't like the idea of leaving that all behind. I didn't even know where Georgia was. But I knew I had no choice, so that last day of school I said my goodbyes to my friends and teachers with sadness in my heart, knowing I wouldn't see them again next year. I got home, packed everything, and closed the door of the empty house. We drove thirteen hours to our new home. During those thirteen hours of sleeping and staring out the window, a mix of sadness…

    • 200 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Pakistan was established in 1947 and since its inception, it has been surrounded by countless issues including but not limited to ill-formed/missing infrastructure, insufficient refined resources, barren or obsolete factories and technologies, imposed conflicts at Kashmir and other fronts and an ever-ready enemy to underscore all the efforts towards progress. Despite it being rich on raw resources thus far Pakistan is a developing country with limited development in every era due to the problems it faces. In the following text we will shed some light on some of the major problems faced today by Pakistan as a country.…

    • 956 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Economists have a very poor track record of forecasting the future as the dynamic interactions between complex variables, an imperfect understanding of the non-economic factors and the occurrence of unanticipated exogenous shocks turn their judgements into hit and miss episodes. Despite these weaknesses economic forecasting flourishes as a discipline and the economists show indomitable courage to sketch out their scenarios of an uncertain and unknown future. This article therefore examines the past developments, current trends of Pakistani economy and the future global and regional outlook and builds the most likely scenario for the medium term economic prospects of the country (next 10 years or so) and then reviews the downside risks and upside gains around this scenario.…

    • 2214 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Terrorism in Pakistan

    • 417 Words
    • 2 Pages

    Pakistan is one of those countries which are being affected by the terrorism activities in their premises; there are a lot of after effects of these disastrous activities which include the monetary loss, loss of lives and even the loss of national peace and dignity. Pakistan is going through hard times under the hand of terrorism activities. The start of the terrorism in Pakistan was late in 1999 when the incident of Lal masjid took place; when the militants and the religious followers got head to head. The military took over the mosque but that gave the birth to the religious extremism and since then terrorism has just peaked to its extent in the last one decade.…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    There has been speculation that American would lead global recession and it could impact the global economy. IMF also predicted that in 2008 global growth would fall from 4.9 percent to 4.0 percent. US economy suffered thousands of layoffs and the biggest retail sales dip on record. Strong economies as that of UK, Germany, France and the new emerging one’s like China and India also fell pray to this recession. Rising prices of oil and different commodities along with the credit crunch majorly contributed to the recent turmoil. The crisis of the sub-prime mortgage market also played its part.…

    • 2549 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    There is a widely shared consensus about the nature of reforms that Pakistan should embark upon. This consists of two components – stabilization and long term structural reforms. Under the first component the economy has to be stabilized with the help of fiscal consolidation, widening of tax net and mobilization of domestic resources, cutting down the losses of state owned corporations, curtailing wasteful development expenditure and assigning priority to removing supply-side bottlenecks such as energy and infrastructure, keeping inflation under control and maintaining exchange rate stability. The second component requires governance reforms in the structure, processes and human resource policies of the Federal , Provincial and Local governments, taxation and tariff reforms, removing microeconomic distortions such as issuing selective Statutory Regulatory Orders (SROs) for specific firms, liberalizing and deregulating goods and factor markets, strengthening regulatory architecture, promoting market competitive forces and building human capital particularly in science and technology.…

    • 3038 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    There are genuine fears prevailing in Pakistan that its economy is in a bad shape. Whereas some expert economists of the country comment that Pakistan’s economy is near collapse, others are of the view that although our economy is still away from the verge of immediate collapse it is so fragile that unless serious and urgent efforts are made to survive the economy, it can move to a dangerous stage within about next six to 12 months.…

    • 1571 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    kistan is most likely to face a major energy crisis in natural gas, power and oil in the next three to four years that could choke the economic growth for many years to come, official estimates and energy experts suggest.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    d) It was regarded as a foe of ministry of finance and state bank of Pakistan.…

    • 863 Words
    • 3 Pages
    Good Essays
  • Good Essays

    For the past few years Pakistan has been following the technique of assessment of domestic oil value against the international oil value on a fortnight basis. About 85% of the oil required for domestic uses in Pakistan is imported. Back in the year 2004 various subsidies were given by the government on the oil price as an attempt to protect the citizens from the prospective record fuel costs. It was also an attempt to curb the rate of inflation prevalent in the country. Financing these subsidies, which by the way are considered a birthright by the population of these countries, is a major burden for an emerging economy. For instance according to the estimate of various prominent economists and analysts, that subsidy was costing Pakistan a whooping 14.5 billion rupees per month. This amounted to around $232 million per month. Not surprisingly as a result the Pakistani government was under major financial stress. Although it has to be acknowledged that recent increases in the industry's cost of production were largely due to rise in "other" input costs. Industry is paying more for oil and other imported raw materials and capital goods in line with rising international prices and utilities and transportation costs, and wage costs have risen due to the rise in minimum wages.…

    • 837 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The economy of Pakistan is the 47th largest in the world in nominal terms and 27th largest in the world in terms of purchasing power parity (PPP). Pakistan has a semi-industrialized economy, which mainly encompasses textiles, chemicals, food processing, agriculture and other industries. Growth poles of Pakistan's economy are situated along the Indus River, diversified economies of Karachi and Punjab's urban centres coexist with lesser developed areas in other parts of the country. The economy has suffered in the past from decades of internal political disputes, a fast growing population, mixed levels of foreign investment, and a costly, on-going confrontation with neighbouring India. However, IMF-approved government policies, bolstered by foreign investment and renewed access to global markets, have generated solid macroeconomic recovery the last decade.…

    • 3251 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Thesis Report

    • 945 Words
    • 4 Pages

    A country whose GDP growth is lowest in the region, unemployment and poverty is a big problem. New employment opportunities are merely none, while keeping the existing opportunities are also very difficult due to adverse law and order conditions; insufficient electricity; highest interest markups, among other factors. In 2010 Govt. of Pakistan…

    • 945 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Economic Growth of Pakistan

    • 6293 Words
    • 26 Pages

    Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation's existence. In spite of rapid population growth during this period, per capita incomes doubled, inflation remained low and poverty declined from 46% down to 18% by late 1980s. This healthy economic performance was maintained through several wars and successive civilian and military governments in 1950s, 60s, 70s and 80s until the decade of 1990s, now appropriately remembered as the lost decade.…

    • 6293 Words
    • 26 Pages
    Good Essays
  • Better Essays

    In addition to facing serious political instability, Pakistan is deemed to be at significant risk…

    • 1133 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Unemployment in Pakistan

    • 331 Words
    • 2 Pages

    This crisis originated from the banking sector of USA,UK and some European countries and is now a global phenomena. Political instability, bad law and order situation, army’s interference, bomb blasts, terrorism, inconsistent economic policies etc are the factors which are disturbing domestic and foreign investment. Pakistan investors are taking away their money to Dubai and other countries of the world. Baseless allegations of terrorism has tarnished the image at international level .so in the current scenario Pakistan has limited job opportunities in other countries of the world. Concluding, I would like to suggest that with proper economic planning, consistent policies of government, better law and order situation, overcoming energy crisis, sincerity with Pakistan and by adopting the Islamic economic system .we can…

    • 331 Words
    • 2 Pages
    Satisfactory Essays