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ECONOMIC GROWTH & CHALLENGES

ECONOMIC GROWTH & CHALLENGES. Presented By : Aysha Mahmood 7087. SCENERIO. Economic Growth FY09 Economic Growth faced a serious set back because of the following reasons : Inflation Depressed consumer credit market Slow progress of public sector programmes Reduction in subsidies

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ECONOMIC GROWTH & CHALLENGES

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  1. ECONOMIC GROWTH & CHALLENGES Presented By : Aysha Mahmood 7087

  2. SCENERIO Economic Growth FY09 Economic Growth faced a serious set back because of the following reasons : • Inflation • Depressed consumer credit market • Slow progress of public sector programmes • Reduction in subsidies • Security threat • Instability in the state • Little attention on agriculture sector • Energy crisis

  3. GROWTH Economic Growth FY10 • The economy grew at a rate of 4.1 % • Some Key indicators of economic performance point to a recovery in the economy • Agriculture Sector estimated Growth of 2% • Tax revenue grew by 14.1% • LSM rebounded increasing growth of Exports LSM (8.5%) TO 4.52% Exports grew by 8.9% • Remittances increased ($7.076bn TO $8.063bn) • Inflation declined

  4. DESPITE GROWTH,THE DOWNSIDE OF ECONOMY • Agriculture Sector population of rural to urban budget of GDP on education • LSM and Remittances foreign investment inflows low ($2.227bn TO $1.897bn) • Inflation international fuel and food prices govt. borrowings from Central bank unchecked business malpractices like hoarding the IMF loan

  5. CHALLENGES • Tackle Water and Energy Crisis • Promote higher productivity • Increase Tax to GDP ratio • Increase spending on development schemes • Control Inflation • Improve banking system • Alleviation of poverty • Unemployment issues • GOOD GOVERNANCE

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