Pakistan economic problem

This occasion helps a nation to understand the economic condition of the country, its financial resources and their consumption, the economic and financial policies of the government and its priorities.

Pakistan economic problem

Share Tweet Email Pakistan economic problem writer is a former caretaker finance minister and served as vice-president at the World Bank The current government has been in office now for over two months. Sartaj Azizthe adviser to the prime minister for external relations and national security, paid a day-long visit to Kabul.

Pakistan economic problem

There was a visit to Islamabad by US Secretary of State John Kerry in which he announced that his country will restart the suspended strategic dialogue between the two countries. Nawaz Sharif has visited China and Saudi Arabia. All that amounts to a lot of activity on the diplomatic front that, in time, will produce economic results.

The government took some steps to deal with some of the long-enduring economic issues. It used government finance to pay off a good part of the circular debt. With the independent power producers having been paid the amounts they were owed, they should bring back the capacity that was not being used for generating electricity.

However, by picking up the debt burden, the government has added to the fiscal deficit, increasing it to an unsustainable level but this is likely to be a temporary rise.

Finance Minister Ishaq Dar has committed himself to reducing the fiscal deficit to 4. A sharp reduction in the fiscal deficit will require several actions. Political capital will have to be used by the new administration to collect more taxes from those who have managed to escape for years the tax man or have grossly underpaid the amounts they owe the government.

Pakistan economic problem

Controlling the runaway fiscal deficit will also require action on the energy front. The new system of tariffs will increase the rates for all consumers excepting those who consume less than units a month. There will also be some differentiation in the amounts paid by different types of consumers.

Those contributing to economic output will pay a bit less than those using power purely for consumption. After the CCI meeting, the prime minister announced that his government was preparing a long-term plan aimed at adding 50,MW to the generation capacity.

This will be done by using mostly indigenous resources — hydro, coal, wind and the sun. Bringing the budget under control will also need a sharp reduction in large deficits being incurred by the public sector enterprise PSEs.

These entities, under the Zardari regime, had performed at levels of unprecedented inefficiency and had employed tens of thousands of party workers who did little productive work. So far, the government has not indicated how it will manage the PSEs other than announcing that all appointments to senior positions will be done in a transparent way.

The government also needs to deal with the relations that Islamabad has with the provinces. There are provisions in the Constitution that allow the provinces the first use of natural gas extracted from the deposits located in their territories.

Another economic problem is scarcity; it is the central problem in economics. Scarcity is the condition where the resources are limited to satisfy the unlimited wants and needs of people. Scarcity is the condition where the resources are limited to satisfy the unlimited wants and needs of people. Economic Problems of Pakistan and their Solutions population, terrorism, bad governance and low literacy level. Other problems include the neglected land, manpower, water, oil and minerals. Problem is the best utilization of the resources. Here we are providing you Economic Reports, Issues and Economic Problems of Pakistan and its Solutions. The economy of Pakistan is the 47th largest in the world. Unemployment, Human Rights Problem, Poor Social Sector Including Health

This could disrupt the economy. The extensive pipeline network for distribution was built under the assumption that natural gas was a national rather than a provincial resource.

Also, the Eighteenth Amendment has given many new responsibilities to the provinces, which can only be carried out if they have adequate expertise and resources.

Economic problems of Pakistan – Daily Pakistan Observer –

These will have to be provided. In sum, there is a large unfinished agenda to be dealt with. The government has made only a small start. Published in The Express Tribune, August 12th, In this report the topics are: Introduction, An Overview Challenges to Economy of Pakistan are War on terror, We consume more and save less, Poor academic set-.

Another economic problem is scarcity; it is the central problem in economics. Scarcity is the condition where the resources are limited to satisfy the unlimited wants and needs of people.

Scarcity is the condition where the resources are limited to satisfy the unlimited wants and needs of people. The current economic problems of Pakistan and solutions. By Yousuf Zahid [email protected] September Problems ‘In the beginning ’ These are the first three words from the Holy Bible/5(6).

It seems that the Pakistan’s bad days are here to stay. In the latest blow by the Global Money Laundering & Terrorist Financing Threat Assessment organisation, Pakistan has been formally placed in the grey list of The Financial Action Task Force (FATF).

Socio-economic issues in India Overpopulation India suffers from the problem of overpopulation.

Socio-economic issues in India Overpopulation India suffers from the problem of overpopulation. The population of india is very high- million approx. [1][2][3] Though India ranks second in population, it ranks 33 in terms of population density below countries such as . Finding solutions to Pakistan’s economic problems Share Tweet Expand­ing the tax base will requir­e docume­nting the econom­y that remain­s outsid­e the govern­ment’s reach. The current economic problems of Pakistan and solutions. By Yousuf Zahid [email protected] September Problems ‘In the beginning ’ These are the first three words from the Holy Bible/5(6).

The population of india is very high- million approx. [1][2][3] Though India ranks second in population, it ranks 33 in terms of population density below countries such as . However, this would damage Pakistan’s fragile economic growth. With a rising population, there is a need to increase economic growth, rather than cause a recession.

The underlying cause of Pakistan’s inflation seems to be supply constraints and cost push factors – rather than excess demand.

Economic Problems of Pakistan, Solutions