Economic Indicators 1999-2009

Monitoring Major Economic Indicators of Pakistan

JF-17 Thunder

November 23, 2009
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ISLAMABAD: Pakistan on Monday formally joined the international community of fighter aircraft manufacturers as JF 17 Thunder, the first ever multi role state of the art rolled out of Pakistan Aeronautical Complex, Kamra and was included to the fleet of Pakistan Air Force. Prime Minister Syed Yusuf Raza Gilani was the chief [...]

Data: Board of Investment

Foreign Investment: 
 
2001-02: $475 million
2002-03: $820 million
2003-04: $922 million
2004-05: $ 1.677 billion
2005-06: $ 3.872 billion
2006-07: $ 8.417 billion
2007-08: $ 5.193 billion
 
Exports – Imports = Trade deficit/surplus 
 
2001-02: $ 9.13 bn — $10.34 bn = $1.2 billion
2002-03: $11.16 bn — $12.22 bn = $1.06 billion
2003-04: $12.31 bn — $15.59 bn = $3.28 billion
2004-05: $14.39 bn [...]

Communication Industry

Compiled by: Mirza Rohail B
Pakistan is on the verge of Telecom revolution. Pakistan Telecommunications Authority (PTA) in 2004 introduced  two types of license for ISPs – regional and nationwide, and also exempted them from Central Excise Duty. Since liberalization, over the past four years, the Pakistani telecom sector has attracted more than $9 billion in [...]

IT Industry overview

The IT and IT-enabled Services (ITeS) marketplace offers lucrative opportunities for developing countries to join the  ranks of the developed world. The scale and pace of growth in this sector is faster than in any other industry, and a number of developing countries are attempting to emulate the success enjoyed by countries such as China, [...]

Cement Industry

Compiled by: Mirza Rohail B 
History & Introduction
 Growth of cement industry is rightly considered a barometer for economic activity. In 1947, Pakistan had inherited 4 cement plants with a total capacity of 0.5 million tons. Some expansion took place in 1956-66 but could not keep pace with the economic development and the country had to [...]

CNG Industry

Compiled by: Mirza Rohail B
Compressed Natural Gas (CNG) is a substitute for gasoline (petrol) or diesel fuel. It is considered to be an   environmentally “clean” alternative to those fuels. It is made by compressing methane (CH4) extracted from natural gas. Argentina and Brazil are the two countries with the largest fleets of CNG vehicles. [...]

Automobile Industry

Compiled by: Mirza Rohail B 
Pakistan is an emerging market for automobiles and automotive parts offers immense business and investment  opportunities. The total contribution of Auto industry to GDP in 2007 is 2.8% which is likely to increase up to 5.6% in the next 5 years. Total gross sales of automobiles in Pakistan were Rs.214 billion [...]

Textile Industry

Compiled By: Mirza Rohail B
Historically, Pakistan’s textile industry and clothing sector has always been a major contributor to the foreign exchange  earner and still contributes about 55% to the total export proceeds.

The Economist reports that Pakistan is the 4th largest producer of cotton in the world and the 6th largest importer of raw cotton, the [...]

Pakistan’s Defense Industry goes UAV

Courtesy: South Asia Investor Review
U.S. Army Gen. William Westmoreland is reported to have said: “On the battlefield of the future, enemy forces will be located, tracked and targeted almost instantaneously through the use of data links, computer-assisted intelligence and automated fire control. … I am confident the American people expect this country to take full [...]

Foreign Investment

Pakistan is now the most investment-friendly nation in South Asia. Business regulations have been profoundly overhauled  along liberal lines, especially since 1999. Most barriers to the flow of capital and international direct investment have been removed. Foreign investors do not face any restrictions on the inflow of capital, and investment of up to 100% of [...]

Federal Bureau of Statistics 2000 to 2005

 

The Federal Bureau of Statistics valued Marble Production sector at Rs.211,851 million in 2005 thus registering over 99% growth since 2000.

 

The Federal Bureau of Statistics valued Large-scale Manufacturing at Rs.981,518 million in 2005 thus registering over 138% growth since 2000 while Small-scale manufacturing was valued at Rs.356,835 million in 2005 thus registering over 80% growth [...]

Large Scale Manufacturing

Compiled by: Mirza Rohail B
The manufacturing sector grew at an average rate of 8 percent from the sixties to the eighties, but fell to 3.9 percent  during the nineties. This was mainly caused by reduction in investment levels due to lack of continuity and consistency in policies. Political instability law and order position in the [...]

Foreign Reserves Phenomenon: Shaukat Aziz versus PPP

Written By: Afreen Baig
 
 

 

Foreign Reserves – a significant economic indicator and of vital importance to every expanding economy. Foreign Reserves is the first and basic economic indicator that transmits an air of confidence and trust, amongst the potential foreign & local investors and the nation. Foreign Reserves are held in abundance and accumulated – in [...]

Economic way forward for Pakistan

 Written By: Honorable Shaukat Aziz, ex-Prime Minister of Pakistan  
2009:  When I was asked to write a piece on the economic way forward, I hesitated at first because I felt that with a new government in place it is better that we leave the way forward to the new economic  managers, rather than play the role [...]

Assessing Shaukat Aziz’s Economic Stewardship

Shaukat Aziz is a banker by training and extensive experience in New York. He is not an academic.

The Pak Economy: Bigger than We Think

The first step in measuring an economy is establishing a profile of the GDP. Pakistan has only rebased twice, in 1969 to the 1960 base year, and in 1988 to the 1980 base year. In 1997, the Nawaz Sharif government began the technocratic process of rebasing. This process, which involved IMF representatives, was completed this year, and the economy was rebased to 1999 data.

Pakistan’s Financial Services Sector

Courtesy: South Asia Investor Review

Pakistan has been ranked 34 out of 52 countries in the World Economic Forum’s first Financial Development Report, which was released in Pakistan through the Competitiveness Support Fund (CSF) in December, 2008.
The report is a comprehensive analysis of financial systems and capital markets in 52 countries that explores key drivers of [...]

Banks and Financial Institutions of Pakistan

Banks State & Private 

1. State Bank of Pakistan
2. First Women Bank Limited
3. National Bank of Pakistan
4. Allied Bank of Pakistan, Karachi
5. Arif Habib Bank Limited, Karachi -
6. Askari Bank, Rawalpindi

List of Insurance Companies in Pakistan

I. Public sector 

1. National Insurance Corporation
2. Pakistan Reinsurance Company Ltd.
3. Postal Life Insurance
4. State Life Insurance Corporation Ltd.

Pakistan’s Motorways, Highways and Roads

List of Pakistan’s Motorways, Highways and Roads

Musharraf Era: Pakistan Flourishes

Compiled By: Mirza Rohail B
©Our leader – Musharraf
All this is all the more amazing when one considers that just six years ago, Pakistan was on the verge of bankruptcy, with only a little more than $1bn in foreign exchange reserves and its stock market teetering at 1,000 points (worth $5 billion only) and foreign debt [...]

Musharraf Era: Ushers in Multi-National Corporations

Compiled By: Mirza Rohail B
 
The right Manager manages his company with whatever resources he has, and manages to set it towards an unprecedented growth and prosperity, utilizing all internal and external factors. Musharraf proved to be the right Manager for Pakistan! MNC’s also provide excellent job opportunities; and with them bring in the required Capital, [...]

Electricity: Solutions and Ongoing Projects

History
 After the construction of the Hydro-Electric Tarbela Dam and the Mangla Dam, by General Ayub Khan and General 
Yahya Khan in the 1960’s, our governments failed to conceive and initiate major electricity projects.
 The inept governments of PML-N and PPP, that still consider themselves vital to democratic dialogue within the provinces, failed to create dialogue within [...]

Pakistan’s Hydroelectric Power Development

Courtesy: South Asia Investor Review
Pakistan and Germany have initiated serious discussions of German funding of eight ongoing and new hydropower  projects worth billions of dollars. These talks are taking place in Islamabad between visiting German Minister for Economic Co-operation and Development Ms. Heidemaire Wiegoreak Zeul and Pakistani Prime Minister’s Adviser on Finance Mr. Shaukat Tarin, [...]

Pakistan LoI to IMF

This Letter of Intent (LoI) to IMF accepts the Economic Indicators of the previous eight years and terms them as a major Economic transformation.