Professional Documents
Culture Documents
scenario
Imports
Introduction:
An import means getting goods into one country from another country in an
impropriate method.
Major Imports of Pakistan:
Petrolium and petroleum product
Edible oil
Chemicals
Capital goods
Industrial raw material, steel and Aluminum
Consumer products
Agriculture machinery
Textile Machinery, Fertilizers
Current Scenario
Today , Pakistan faces a severe balance-of-payments disaster and can cover only
about four-six weeks’ value of imports. The current account deficit has upgraded by $2.6
billion and stood at 8.547 billion during July-April 2008-2009 as against $11.173 billion in
corresponding period of last year, threby showing an enhancement of 23.5 percent. The
financial capital account stood at $ 6290 milloin in million in corresponding period of
last year which shows a decline of $ 2682 million.
Pakistan will face a serious B.O.P problem next year partly because: The united
state has not compensated over $ 1.2 billion the country paid on the war on the terror.
Under the Coalition Support fund the U.S recompenses Pakistan for terrorism related
actions. The govt. has received $447 million since Sep.2008 leaving a balance of over $ 1
billion.
Exports
Introduction:
Export are the goods and things which are furnished in one country and purchased by the
residents of another country
Current scenario:
Pakistan’s export had started increasing during ongoing financial year after continuously
tumbling in last three to four years. The exports fell to $20.448 billion in financial year 2016-17
Registering a 15.75 percent decline during first seven months (july-january) of the ongoing fiscal
year and recorded at $12.97 billion. Secretary commerce reiterated that exports would increase
the $23 billion bank mark by the end of current finanacial year.
Causes of low export and high import in Pakistan:
Electical crisis:
Due to electrical crisis and load-sledding the textile production capacity of various sub-sectors
has been reduced by up to 30%. The joint meeting of APTMA & other related organization was
held at APTMA House to verbalize a foint strategy to to address the alarming electricity crisis
being faced by the textile industry. In this meeting it was decide that a joint working constitute
will be formed. The joint working group will meet soon to designed plan to pursue the following
Achievements; immediate total freedom from electricity load shedding for textile industry value
chain; Rationalization and reduction of electricity tariff.
increase the export and Factors which decrease the import:
Development of industry:
The state of industry in Pakistan is not very good. We have to develop it very much. There is
lack of modern machinery and lack of technology. Technological persons are also not available.
The management is also main factor which affect the production of industry.
Production of electricity:
The production of electricity also affect the production of exportable goods. The production of
goods can be increased by increasing the production of electricity. The production of electricity
can be increased by using the natural resources. The very suitable resource is to produce
through the water. There is lack of dam which can store the water which is used to produce the
electricity so there should be the construction of dams which may store the large amount of
water and can be produced the electricity which may increase the export of the country.
Introdution:
The Industrial Revolution led to the development of factories for large-scale production with
consequent changes in society. Originally the factories were steam-powered, but later
transitioned to electricity once an electrical grid was developed.
Types Of Industry:
There are four types of industry. These are primary, secondary, tertiary and quaternary.
Primary industry involves getting raw materials e.g. mining, farming and fishing.
Industrial System:
Factories have inputs, processes and outputs. Inputs can be the raw materials need to make something.
Inputs can also be labour, buildings, capital and machinery. Processes are the things which go on within
the factory. This is usually the manufacturing of goods. It can also be design and research - anything
needed to make something. Outputs are the things which leave the factory. This can include the finished
product, profit or even waste.
Major Industries:
Agriculture (see also Agribusiness) Fishing industry. Timber industry. ...
Chemical industry. Pharmaceutical industry.
Computer industry. Software industry.
Construction industry.
Defense industry. Arms industry.
Education industry.
Energy industry. Electrical power industry. Petroleum industry
Minor Industries:
Paper Industry
Plastic
Shipbuilding
Efeects Of Industrial Devlopment On Economy In Pakistan In Current
Scenario:
With a population of 220 million, a geo-strategic location, the required human resources and natural
endowments, Pakistan has all the potential to grow as a developed industrial national. Unfortunately, it is
still a developing nation even after lapse of more than six decades since it appeared on the world map as
a sovereign and independent nation. Having rich in natural resources, the country has been going
through major challenges and issues hitting the industrialization include growing power crisis, chronic
energy shortage, high interest rate, administrative bottlenecks, bad governance, lack of institutional
framework, political wrangling and worsening law and order situation.
Industrial development has a lot of effect on your economy. If your industrial sector is strong then your economy is
also strong .It removes unemployment from your country. A: Industrialization is the process by which
an economy moves from primarily agrarian production to mass produced, technologically advanced
goods and services. This phase is characterized by exponential leaps in productivity, shifts from rural to
urban labor and increased standards of living. In case of Pakistan, the shares of services are increasing
in all sectors of economy over the period. In fact, the growth rate of services sector is higher than the
growth rate of agriculture and industrial sector. Services sector accounts for 54 percent of GDP and little
over one-third of total employment. But due to some reason Pakistan industrial development is so bad in
2018 year. Due to security issues no one can invest in Pakistan. In Pakistan the rate of electricity is also
high so industries cannot effort costly electricity. Interest rate is also high. Only private firm is working in
Pakistan. New government has decided to promote industrial development.
CONCLUSION:
Ø Use of advanced technology
Ø Development in infrastructure
Ø Provision of credit facilities
Ø Increase in industrial consultancy firms