Current Era Pakistan

8/9/2019 Current Era Pakistan

1/26

SEMINAR IN ECONOMIC POLICY OFPAKISTAN


2/26

GROUP MEMBERS

FARAZ MEHMOOD 15950 S. FARHAN AHMED 14119

BILAL RASHEED 10321 ALEED SUHAIL 10440


3/26

CURRENT ERA OF PAKISTAN


4/26

INTRODUCTION

Pakistan Muslim League-N President Muhammad Nawaz Sharif created history when he was elected as the27th Prime Minister for the third time by securing 2 !otes in the National "ssembly#


5/26

ECONOMY CHALLENGES

"n economy cri$$led with many challenges including

%nergy shortages &%lectricity ' (as)*y$erin+ationMild economic growth*igh debt and large budget de,citPakistan s (.P growth rate for /0 21 2-21 3 was down to 3#456 with estimates suggesting that it willonly reach 3# 46 by the end of 21 3*owe!er the go!ernment e8$ects to increase it to 4#96 for /0 21 -21 4#:usiness con,dence in Pakistan is at a three-year high in May 21 largely backed by increasingforeign reser!es to ; 1b while it is e8$ected that they will cross ; 4 billion by mid-21"long with that< in May 21 =M/ claimed that =n+ation has dro$$ed to 3 $er cent com$ared to 246in 2119/oreign reser!es are in a better $osition and the current account de,cit has come down to 3 $er centof (.P for 21


6/26

FOREIGN DIRECTIN!ESTMENT

/oreign .irect =n!estment 7# 6 increase

Ma>or di$ in ?elecommunication Sector ; 1#9 MPetroleum re,ning ; # M%lectrical Machinery ; 1#9 M

?rade ; 1# M ?rans$ort ; #4M

@orld bank 5 "$ril< 21=n+ation 7#56/iscal de,cit 6 of (.P &im$ro!ed ta8 collection and restricted current ' de!elo$ment

e8$enditure)


7/26

PAKISTAN GDP 2013

(.P;232#29 :illion(rowth # 6


8/26

MONETARY POLICY

=N?%A%S? A"?%

=nterest Aate in Pakistan is re$orted by the State :ank of Pakistan ?he benchmark interest rate in Pakistan was last recorded at 5#41 $ercent#=nterest Aate in Pakistan a!eraged 2#41 $ercent from 552 until 21"ll time high of 21 $ercent in Bctober of 55 and a record low of 7#41 $ercent iNo!ember of 2112


9/26

MONETARY POLICY

=N/L"?=BN A"?%

=n+ation Aate in Pakistan is re$orted by the Pakistan :ureau of Statistics ?he in+ation rate in Pakistan was recorded at #31 $ercent in .ecember of 21 =n+ation Aate in Pakistan a!eraged 9#12 $ercent from 547 until 21 "ll time high of 37#9 $ercent in .ecember of 573 and a record low of - 1#32 $ercent in/ebruary of 545


10/26

FISCAL POLICY

?"C A%D%NE% &6 of (.P)

=ncome ?a8 Ae!enue in Pakistan is re$orted by the /ederal :oard of Ae!enue ?a8 re!enue refers to com$ulsory transfers to the central go!ernment for $ublic $ur$oses#Fertain com$ulsory transfers such as ,nes< $enalties< and most social securitycontributions are e8cluded


11/26

FISCAL POLICY

=NFBM% ?"C

Personal =ncome ?a8 Aate in Pakistan is re$orted by the /ederal :oard of Ae!enue ?he Personal =ncome ?a8 Aate in Pakistan stands at 21 $ercent#Personal =ncome ?a8 Aate in Pakistan a!eraged 2 #24 $ercent from 211 until 21 3ects with Fhina

Documents

Current Era Pakistan