PTI, being such big party, while preparing their economic policy for manifesto, could have read and contemplated on the future economic prospects of Pakistan; and this could have been used in Naya Pakistan’s campaign to allow the citizens to keep in mind that the next five years would be difficult for the middle-class. Due to explosive population growth and demand for employement to keep up with social stability and normal unemployement rate, SBP had reported that Pakistan would need 6.6% of GDP growth to accommodate its large young population. There are many articles on ‘Economy of Pakistan’ which state Pakistan’s debt repayments, foreign reserves and even projected GDP growth for the country. 2019 is the worst year in economic history of Pakistan. Finance Minister has to work hard to overcome these challenges and policymakers and economic advisors have to support his cause completely otherwise political uncertainty and national security may be at stake.Argentina and Greece have experienced the same situation but they were supported by US. Given below is an Outline Essay . The economy of Pakistan is the 47th largest in the world in nominal terms of purchasing power parity. We need ECONOMIC LIBERALISATION. Even it happened in 1990s, 2000s and so on. End regulation.And pls stop corruption and correct all the constitutional nonsense!!P.S. The failure to start running the closed or sick industrial units and to set up new ones has partly halted industrial progress. Top Story. Pakistan’s democratic system is weak. PTI, being such big party, while preparing their economic policy for manifesto, could have read and contemplated on the future economic prospects of Pakistan; and this … Economic indicators are deteriorating despite austerity measures and reducing spending.Expected GDP growths for Pakistan for the next four years are 3.8%, 3.7%, 3.5%,and 2.8% by the year 2023. As Pakistan has no other option but to allow austerity, increased taxation, wealth redistribution and inflationary printing press to help country shore up its economic prosperity and GDP growth in the future, but now that rupee is devaluing and oil prices are rising further, thanks to OPEC production cuts, the import bill costs will increase further.IMF package was necessary for Pakistan’s ailing economy. Punjab, on the other hand, has a major role in economic growth of Pakistan, because its industrialized areas are connected to Sindh, KPK and ports, from where they can easily exports various of products to Afghanistan, India, and China.
LIBERALISE your market. However, Imran Khan used the papers of Auditor General of Pakistan, State Bank of Pakistan and other governing bodies to ensure that the two parties have been involved in corruption for decades. This is considerable and healthy option.Allies may help more Pakistan by providing bilateral official reserve inflows. Implement progressive taxation system. Reserves are expected to fall again from the next year and businesses may face layoffs due to lack of expansionary needs owing to government’s decreasing spending.PMLN had a vision: focusing on energy and infrastructure. Financial troubles are always dangerous for social stability. During 1995-2005s, China allowed its currency to follow fixed exchange rate of 16 against the USD, using foreign reserves in international market to peg its currency, giving way for their exports to become cheaper, and so increasing exports and stealing of technological barriers led their domestic market to grew with rocket pace of 10-12% of GDP growth per annum. Pakistan has a Sami industrialized economy. Invest in your health.Stop money laundering. Emergence of civil life; Meaning of socio-economic issues; Prevailing Socio-Economic Problems in Pakistan.
PTI govt has to face drastic and challenging ramifications to handle fragile economic situations because economy may all of a sudden enter into stages of decline like inflation, hyperinflation, stagflation, deleveraging, recession and even depression. Allow private entities to invest freely. Similarly, in CSS exams they are asked in one way or another. Its just simple as that. I dont know if even PTI has a plan.
Chinese Central Bank allowed managed inflation according to needs of Chinese domestic investors and exporters, and allowed their currency to gain value against the USD slowly, transitioning their economy from exports towards consumption and investment.