WHAT IS SERVICES? ………………………………………………………………………………..………………04
CLASSIFICATION ……………………………………………………………………………………………………...04
GROWTH IN GDP…………………………………………………………………………………..…………………06
EMPLOMENT…………………………………………………………………………………………..………………07
SECTRAL ANALYSIS…………………………………………………………………………………..……………. 08
COMPARESION OF TWO SUB SECTORS……………………………………………………..…………….09
1. TRANSPORT AND COMMUNICATION……………………….…09
2. FINANCAL AND INSURANCE………………………………………..10
CHALLENGES AND SOLUTION……………………………………………………………………….…………13
EFFECT OF RECESION ON GROWTH…………………………………………………………………………..15
ROLE OF MTBI IN GROWTH……………………………………………………………………………………….16
STRAEGY…………………………………………………………………………………………………………………….17
CONCULSION………………………………………………………………………………………………………………18
ABSTRACT
I am highly grateful to Almighty Allah who bestowed on us the ability to accomplish this project assigned to me. The kind guidance of our honorable course instructor Mr.Bilal helped and enabled me to bind papers into project manner.
The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in general and generation of employment in particular. The study identifies the bottlenecks in its growth and suggests measures to remove them. A set of policy reforms has been suggested to make the sector more effective in the growth of the national economy.
Keywords: Services Sector, Industry, Employment, Financial Institutions and Pakistan’s Economy
WHAT ARE SERVICES? “A kind of economic activity that is intangible is not stored and does not result in ownership. A service is consumed at the point of sale. Services are one of the two key components of economics, the other being goods.”Examples of services include the transfer of goods, such as