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Saturday 9 April 2011

Pakistan Economy

Pakistan's economy presents a story of continuous growth with rare cases of stagnancy. In the whole period of the country's history since it earned independence in 1947, the major stress has been on capital formation, on the one hand, and on alleviation of the people's poverty and elimination of socio-economic inequalities on the other. But never before in the history, such concrete measure were adopted for the distribution of wealth equitably as have been done by the political government which came as a result of general elections held in 1985 in the country. Programs chalked out the political level by the present elected government when brought within the framework of the Annual Development Programs of the last two years of the country's sixth Five -Year Development plan and within the fiscal policies as embodied in the annual budgets, are definitely leading the country towards a breakthrough both in economic management and public welfare measures.

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