 Introduction

 Reasons for poor economic conditions

 Factors leading to economic recovery
 Conclusion
 Recommendations
 Questions/Answers

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 Current Economic Condition
 Total Budget

 Source: www.economy.com

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 Growth in GDP slowed to 3.6 % in FY
2013 from 4.5 % a year earlier.
 Faster growth of inflation from 7.4 to 8
 Official Foreign Exchange Reserves fell
sharply under the burden of external
debt repayments and intervention in the
foreign exchange market dropping from
$ 108 billion to $ 60 billion a year later.
(Asian Development Bank 2013)

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 Current Account Balance reduced from 1
to 0.8
 Fixed investment deteriorated again
declining to 12.6 % of GDP
 Present Government Policies:
◦ Present Government agreed on a wide
ranging economic reforms programme
with IMF supplied by three year loan worth
$ 6.7 billion

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◦ World Bank has forecast firm recovery in
Pakistan Economic Growth over the next
two years estimating that the growth is
expected to be 3.8 % and 4 % for the FY
2012-13 to FY 2013-14
◦ Foreign Direct Investment

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 Poor governance
 Energy Crisis
 Corruption
 Under-performance of Public Sector
Enterprises

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  War on Terror

Source: http://www.dawn.com/news/637894/war-on-terror-cost-pakistan

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 Imbalance between Revenue and
Expenditure
 IMF Conditionalities
 Tax Evasion

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 Good Governance
 Managing Energy Front
◦ CCI restructuring electricity Tariffs
◦ Exploring other indigenous resources

 Accountability

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 Documenting the Economy
 Controlling PSE functioning
 Coordination among Provinces

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 Utilizing Government Funds to pay off
Circular Debt

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 Economic recovery is not inaccessible ;as we
are blessed with booming agrarian economy;
democracy holds on; our population is
getting younger; we are really rich in natural
resources We just need a strong will and the
ways are there. There is a large unfinished
agenda to be dealt with, government has
made a small start. with a sincere political will
and heartfelt decision makers, plan can put
the country on track.

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 Improve security situation
 Public Private Partnership
 Will of the Government
 Bridge the gap between revenue and
expenditure

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 Tourism to be promoted
 Improve infrastructure to support GDP
growth
 Reducing friction between state
institutions

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