ASSIGNMENT

NAME: ALEENA MUBASHIR STD ID: 20201-28203

SUBJECT: FINANCIAL INSTITUTIONS

INTRODUCTION:
Pakistan unlike the US has more than half of the population living under poverty. There are a lot
of reasons for Pakistan’s decline such as illiteracy, over population, unstable political as well as
economic conditions.

WAY OUT SOLUTIONS FOR PAKISTAN:

1. Pakistan now is importing practically everything from basic necessties to electricity, to

reduce our import bill and to make pakistan more stable we should use more of the
daylight to reduce energy consumption i.e timings for offices, schools and universities
should start from 7:30 onwards.

2. Pakistan wishes to increase its investments in order to deal with the difficult
circumstances in the United States. The favourable economic environment provides
Pakistan with an opportunity to address structural slowdowns that may be preventing
Pakistan from recognising its enormous capability, which is fueled by a large, young, and
growing population. However, the United States of America's development effects have
not kept up with its earnings growth, and significant public and private investments are
required to recognise its population's aspirations and boost the country's competitiveness.
3. Delivery decentralisation may imply One must be required to boost competitiveness. One
of Pakistan's most valuable assets is its large and young applied pressure force. However,
if development is sustainable, this young population will contribute to better and more
effective development. healthy and well-educated
4. Improving the business environment can help It is critical to tap into international
resources.
5. Pakistan must increase sales in order to have assets for important investments. Low
domestic savings, less than 10% of GDP over the last five years, no longer guide better
funding levels. The government's limited resources, due in part to low tax collections,
limit its ability to invest in public tasks.
6. In order to be certain, a healthy long-term financial development, Pakistan should
include a sizable number of changes in tax policy aimed at increasing the tax machine's
buoyancy broadening the tax base, lowering taxes Exemptions and distortions should be
chalk out.
7. Nonetheless, Pakistan has the potential to significantly reduce change costs by improving
shipping connectivity and  improving its overall logistics  performance.
8. Significant investment in  infrastructure to connect vital seaports and international
airports to the hinterland should be built lower home change prices

CONCLUSION:

Pakistan should chalk its way out towards the way forward or else it chances to default
might increase.