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Macro economics projects

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Page 1: Macro economics projects

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Page 2: Macro economics projects

Group Members.

Jahangir Nafees (7445)Mustafa Atiq (7444)Uzair Ali (7326)

BBA-II Macro Economis Submitted to : Miss.Anila

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Page 3: Macro economics projects

Topic:

ROLE OF EDUCATION IN PAKISTAN ECONOMY

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WHAT IS EDUCATION?

Education:

Increase in the stocks of skills, knowledge and understanding possessed

by individuals or society.

OR

Education is an uncontested acceptance of knowledge.

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FACTS OF EDUCATION IN PAKISTAN:

An education remains a promise unkempt to millions of illiterates in Pakistan. Below are given ten most alarming facts which indicate the worsening status of education development in Pakistan.

Over 50 percent of the country aged 15 and above are illiterate. Only 1 in 3 women can read and write.

Pakistan has one of the lowest education budgets in the world, spending just 2 percent of its national GDP on education in 2004.

For every 100 men, 57 women are illiterate giving Pakistan one of the highest gender disparities in the world.

Contd…5/21/2013 5

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Contd…

In rural Balochistan province, only 7 percent of girls can read and write.

6.5 million children under 9 years old out of school in Pakistan, one of the highest numbers in the world, with many working.

In Pakistan a legal right to free education does not exist and compulsory education is only stated necessary from ages 5 to 9.

42 percent of all children shun the public school system to attend private schools and the numbers are not slowing down.

If it’s 1 out of 2 children that begin school, it’s likely another 1 in 2 drop out before they even complete it in Pakistan.

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By 2050, Pakistan will have the 4th largest population in the world behind, China, India and the USA.

Over a third of all public schools have no boundary wall, no toilet or drinking water facility on site. One in five villages has no school at all.

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Finance Act 1995-96 to 2002-03Year Recurring

BudgetDevelopment

BudgetTotal

EducationBudget

% Of GDP

1995-96 39.610 2.585 42.195 2.00

1996-97 40.536 1.968 42.504 2.62

1997-98 46.100 2.984 49.084 2.34

1998-99 46.979 2.427 49.406 2.40

1999-2000 51.572 2.430 54.002 1.7

2000-2001 54.396 1.966 56.362 1.6

2001-2002 64.975 2.500 67.475 1.9

2002-03 67.270 2.604 69.874 1.75/21/2013 8

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HOW

WE

CAN

REVITALIZE

SYSTEM……!5/21/2013 9

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Recommendations: 

Better status and pay for teacher Emphasis must be given on development of analytical

faculties of the students There’s need for In-Built Monitoring system Involvement of parents, teachers, and civil society in

planning and management Improving the quality of teaching-learning process Strengthening and up gradation of Teacher Training

institutions Politically independent administrations

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Recommendations:

Clear criteria for student admissions and examinations Codes of conduct

Clear codes of conduct for school staff are needed to ensure certain standards

Theft, misuse of funds and other illegal acts carried out by staff must be consistently dealt with by the courts to maintain respect for the rule of law

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Conclusion:

All constraints in education system in Pakistan require sincere efforts to resolve administrative and management problems by the effectiveness of the government of Pakistan. Pakistan experiences a country of religious intolerance and much more multi-crisis land. War on terror since 2001; have revealed the administrative flaws in the administrative machinery of Pakistan. It is time that the current Government of Pakistan must tackle education problem because illiteracy is even threat to democracy.

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