Friday, Octobe r 07, 2011 10:33 PM (G MT +5) Hom Beginne Rule Syllab

e r's Guide s us

Past Pape rs

CSP Membe rs

CSS Forums > CSS Compulsory Subjects > Essay > Essays

User Name Password

User Name

Remember Me?
Log in

Economic Crisis of Pakistan

Home Register Awards

Community

Today's Posts

Search

Essays Essays here

Advertise Here

Share this thread on: Facebook del.icio.us pon Google Digg StumbleU

LinkBack

Thread Tools

#1 Tuesday, June 07, 2011 Join Date: Jan 2011 Location: My beloved motherland Posts: 111 Thanks: 85 Thanked 45 Times in 27 Posts

faizkhosa
Senior Member

Economic Crisis of Pakistan

Dancing around the fire is not the solution to any problem. One should try to see beneath surface in order to grasp an idea about the absic issue. Despite a stream of strong words and announcements made by the past rulers of pakistan, nothing concrete has been done to introduce a proper economy revival plan. Rather the situation has taken a quantium leap for the worse. At present the sorry state of the economy, tops the problems facing the country. Seeing the horible condition of economy some still suggest restoring to the beging bowl and further subjugation of donor agencies as the only solution to it. Such an approach cannot provide a way out; it aggravates the situation and amounts to commit suicide. Therefore, present leadership has realized that there is no option but to reshape the economic strategy altogether. The economy of pakistan has fallen up to this extent that it requires serious attention and endeavour to revive its state. The revival of economy means to

bring the economy on track whereby country becomes self suficient and economy self sustained to ,eet its internal demands and fulfil foriegn obligations. Sustained economy provides a balance in trade, potential of paying back foriegn loans and gradual growth in gross domestic and national product. Rise in foriegn exchange reserves, minimum inflation rate, strong local currency are a few indicators of a sustained economy whereas better social indicators reflect its civic effects. Developed economies are movers, developing economies are the followers and the undeveloped economies have no say in the scheme of things. All economic conditions are the certain result of policies. No economy can itself produce positive results. It is the people and their action wich steer the the effects. The economy of pakistan was not doomed for disaster. It has been mismanaged upto this extent that the country has virtualy become bankrupt and made to dance on the tunes of the donor agencies as pakistan has bartered its freedom with them. For the last thirteen years has been no noticeable addition to basic industries and the economic infrastructure of the country. Instead the number of sick industrial units increases such year. The public sector is shirinking and sufferung losses. Although agriculture has helped the nation to survive but the sector itself is faced with crises. In regard to oil, retrogassion has set in after a good progress. After attaining one-third self-suffieciency in the country's oil following suggestions can be recommended in order to raise the economic development of pakistan. Export promotion beureau and embassies/high commissions abroad should explore markets for pakistan's products through trade shows, buisiness delegations and international advertising. Moreover, the export base should be broadened by exporting software, handicrafts, fresh fruits, vegetables, fish, livestock and flowers etc. Suitable arrangements for processing or packing of fish, fruits and vegetables should be made. In order to couner the huge debts a "debt management committee" comprising Ministers of commerce and finance, Chairman privatisation commission and governor state bank of pakistan should be formed. This committee will develop debt retirement instruments independently having power to implement them in letter and spirit. The committee should draft two separate policies for short term and long term debts. The difference of US dollar and Pakistani rupee in official and open market rates should be kept minimum and confident of the overseas pakistani may be restored which was shaken after freezing of foriegn currency accounts in may, 1998. Steps may be taken to attract investment from overseas pakistanis and international investors. New dams should be constructed to increase availablity of water for irrigation purposes, as irrigation water has a vital importance for better agriculture production. The quantity and quality of irrigation water should be improved through desilting and other water conservation techniques. The tariff of electricity for agriculture purpose should be lowered to ensure at leasr 40% share of agriculture sector in consumption of power. The health facilities provided by private and autonomous hospitals are not within the reach of the poor. The government should discourage commercialisation of health and ensure availablity of adequate health facilities to all segments of society at reasonable rates. In the field of education a new policy broadly aiming at increasing literacy rate by universalising basic education, enforcing compulsory primary education, encouraging private investment and increase in total expenditure on education up to 4 per cent of gross national product is required to be implemented. The construction of deep sea gwadar and its connection to the rest of country should be taken up at the earliest to facilitate exports from Balochistan continue.... __________________

Hai phir hamain duaon k saharay ki zarorat...! Aye Kash humain aaj koi Dil se Dua de.........!

The Following User Says Thank You to faizkhosa For This Useful Post: candidguy (Tuesday, June 07, 2011)
#2 Wednesday, June 08, 2011 Join Date: Jan 2011 Location: My beloved motherland Posts: 111 Thanks: 85 Thanked 45 Times in 27 Posts

faizkhosa
Senior Member

Balochistan to provide transit for trade of central asian states and to get suitable share in international trade, making use of ideal geographical location of gwadar. Another important recommendation is regarding information technology policy. This policy mainly emphasised on human resource development and providing infrastructure, should be announced and implemented at the earliest. So, concieved in this way, although a critical look at pakistan's economy presents a gloomy picture. The above mentioned measures are hoped to stablize the ship. Today not only the country is burdened with heavy debt, it has also reached a stage where it cannot simply move forward. Growth is stagnant where it cannot simply move forward. Growth is stagnant. All other indicators too, look quite disappointing. Exports are not satisfactory and revenue from taxation is not suffiecient. Unemployment is rapidly increasing. The overall scenario presents a dismal situation. This could be seen from the fact that many times a default situation is emerged and it had to be faced by making great sacrifices of national soveriegnity and in addition a further rise on the debt servicing front. In spite of all these cataclsmic facts, one may hope that with newly introduced economy revival plan, the time will be changed and the economic development rate will be enhanced. Now the time has come that if we want pakistan to rise up to that extent where the prosperity, integrity, solidarity and economic stability will be all around (then) every pakistani will have to work as far as dedication in him lies. By working with whole concentration and conviction we may achieve that much a strong pakistan dreamt by quid e azam , and by working this way that day will not far away when pakistan will bear the palm and it will show its mettle to rest of the world. __________________ Hai phir hamain duaon k saharay ki zarorat...! Aye Kash humain aaj koi Dil se Dua de.........!

#3 Wednesday, June 08, 2011

concious
Junior Member

Join Date: Jul 2010 Location: earth Posts: 19 Thanks: 0 Thanked 8 Times in 7 Posts

economy of pakistan

its a good attempt on your behalf if it is your first writing,as outline is missing.you know that outline is the basic part of the essay and it shows about the whole body of essay.secondly you have given a good material through this essay but if you are given about the option of essay in the paper you must choose any social topic as there are some topics which needs an intensive study to write on them.any way your effort for writing this topic is worthy for appreciation.keep it up. shayad keh zameen hai kisi or jahan ki too jis ko samajhta hai falak apnay jhan ka:: __________________ we have got to live no matter how many skies have fallen

#4 Wednesday, June 08, 2011 Join Date: Jan 2011 Location: My beloved motherland Posts: 111 Thanks: 85 Thanked 45 Times in 27 Posts

faizkhosa
Senior Member

Quote:

Originally Posted by concious its a good attempt on your behalf if it is your first writing,as outline is missing.you know that outline is the basic part of the essay and it shows about the whole body of essay.secondly you have given a good material through this essay but if you are given about the option of essay in the paper you must choose any social topic as there are some topics which needs an intensive study to write on them.any way your effort for writing this topic is worthy for appreciation.keep it up. shayad keh zameen hai kisi or jahan ki too jis ko samajhta hai falak apnay jhan ka:: thanx dear for appreciating. I made it a short essay. And i have just read this essay in a book and represented it here __________________ Hai phir hamain duaon k saharay ki zarorat...! Aye Kash humain aaj koi Dil se Dua de.........!

Previous Thread | Next Thread

Posting Rules You You You You may may may may not not not not post new threads post replies post attachments edit your posts

BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Similar Threads Thread Pakistan Relations and forign policy Thread Starter Forum Replies Last Post Sunday, August 22, 2010 09:10 PM Thursday, July 09, 2009 03:26 AM Monday, May 07, 2007 10:53 PM

khuhro

Current Affairs Notes

development of pakistan press since 1947

Janeeta

Journalism

11

The failure of Pakistan to develop a political system,

Miss_Naqvi

Pakistan Affairs

13

CSS Forum - Archive - Privacy Statement - Terms of Service - Top

Disclaimer: This is not the official website of Federal Public Service Commission Pakistan. This is a non-commercial website helping individuals who intend to join civil service of Pakistan. The material on this website is provided for informational purposes only. We do not claim that the site is an exhaustive compilation of information about Civil Service of Pakistan neither represent or endorse the accuracy or reliability of any information, content contained on, or linked, downloaded or accessed from any page of this website. These materials are intended, but not promised or guaranteed to be current, complete or up to date. However, honest efforts have been made to provide comprehensive information for the benefit of users. The documents and material displayed or mentioned on this site are not official copies. Please contact FPSC for updated rules and regulations governing CSS examination. Sponsors: ArgusVision vBulletin, Copyright 2000 - 2011, Jelsoft Enterprises Ltd.