Economic history of Pakistan

Lets start from the scratch, when Pakistan  came into existence in 1947, its population was 30 million which increases at a rapid pace and goes up to 130 million in 1996. The main driving force of the country's economy is the agriculture and industry but Pakistan is  the agricultural country and it lack industries. Before Pakistan came into existence, subcontinent owns 921 industrial units but the area assign to Pakistan only had 34 units.

In 1950s Pakistan economic growth was 3.1?% as their were several disputes with India like water dispute which adversely affect our economy.

1958 - 1969

Pakistan's economy revitalized as this was the era of General Ayub Khan, he hire the best economist of the country to run our economic system. In his tenure of 11 years 27 October 1958 to 25 march 1969, Pakistan established various projects like
Automobile Industry;
Cement Industry;
Several Dams( Mangla and Tarbela).
Pakistan also sign Indus water treaty in 1960.
He also made reforms in agriculture sector and Pakistan's  economic growth averaging 5.82% during his period.

1971-1977

The Kashmir war in 1965 with and separation of east Pakistan from west Pakistan in 1971 put devastating affect on our economy and in 1971 Zulifiqar  Ali Bhutto (founder of Pakistan peoples party) becomes president of Pakistan and he holds the office as a prime minister from 14 August 1973 to 5 July 1977. He was more concern with distribution of wealth, he oppose the concept of Privatization and nationalize the Pakistan Civil Engineering, Mechanical Engineering and Electrical Engineering industries. Though, various Projects were constructed in his tenure like
Port Qasim;
Pakistan Steel mill;
Heavy mechanical complex;
various cement factories.
but the concept of nationalization cause our economic growth to fall to 4.8% per annum in his tenure.

1977-1988

When Zia ul Haq came to power current deficit kept under control as too much US aid has been given to Pakistan. In addition to given to Pakistan, US and its allies give $5-7 billion to Afghan Mujahideen to Pakistan and Pakistan economic growth increases to 6.5%.

1990-1999

This was the era of bad governance, corruption and mismanagement as two big parties was playing musical chair( taking turns alternatively). In this period Pakistan's economic growth falls to 4% and poverty rises from 18% to 34%.

1999-2008

When Musharaf came into power in October 1999, Pakistan was in current account deficit as its foreign reserves has very less reserves to pay for imports, but America enters in civil war in Afghanistan and Pakistan is a front line state  and it was a route for NATO supplies which leads to too much American aid and Pakistan's economic growth increases to averaging 7% per annum.
11 million jobs were created in this period and poverty  decreases from 34% to 18% , Pakistan reserves increases from US $1.2billion to $10 billion and exchange rate remains fairly stable.
                                       
                                   $1    =  Rs 62.56

2008-2013

After Musharaf resign in 2008 under political pressure, Pakistan peoples party came in the power through election process and Asif Ali Zardari became president and this was the era of corruption, bad governance, terrorism, Energy crisis, increase in foreign dept , this leads to decrease in economic growth from 7% to 4% and then to 2%.

2013-2018

Muslim league Nawaz inherit the government with high inflation rate , Energy crisis, low foreign reserves and current account deficit which leads to immediately borrowing of $6.3 billion loan from IMF to run the country and they had constructed various projects  which leads to rise in economic growth to averaging 4.5%.

In 2018, PTI won the elections , due to their bad policies and lack of development projects, economic growth reduces to 3%.

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Case of Aasiya Bibi? Something to worry

Its all started in 2009, when Aasiya Bibi engage in an argument with  other women while harvesting berries when Muslim women object Non Muslim women for touching her bowl of water and then she was accused of insulting Prophet Muhammad ( PBUH), she was then arrested and imprisoned and in 2010 Sheikhupura judge sentenced her to death by hanging.

After that decision , she appealed to high court but Lahore high court upheld the decision of death penalty in 2014,then she appealed to Supreme court and Supreme court accepted her appeal in 2015 and suspend death penalty. In October 2018, three members bench of Supreme court consisting of Chief Justice of Pakistan (CJP) Mian Saqib Nisar, Justice Asif Saeed Khosa and Justice Mazhar Alam Khan Miankhel acquitted Aasiya bibi and reverses the order of trial court and high Court.

Supreme court clearly mention in decision that there is a lack of evidence in this case and the statements of the witnesses did not match but some religion-political parties are protesting against Supreme court judges and also damaging the properties of a common man. I guess, most of the protestors don't know about Islam. 

Let us discuss about Islam, The word 'Islam' means peace and the 'Muslim' means, the person who submit his will to Allah Almighty through peace. Quran says, "if you kill one human being without any solid justification, it is as though, you have killed the whole humanity".

 If there were strong evidences against her then Why would Supreme court  reverses the decision of trial court and high court.
Let suppose Aasiya bibi was guilty but there were no strong evidences , then you have to give the benefit of doubt to Aasiya bibi and that is What the Islam is saying because it is the matter of life.

Now, come back to protestors, Are they were spreading peace through hate? by creating trouble to a common man who don't have any link with this case .

Please think about What you are doing? if you had any query against the decision of Supreme Court , just file a review petition but protesting was not the right way.

Thanks 

Some Important facts and details about RIVERS OF Pakistan and Indus water treaty???

Indus water treaty?

1) Indus water treaty was signed in Karachi in September 19, 1960 by Indian Prime minister Jawaharlal Nehru and Pakistani President Ayub Khan which was Brokered by World bank.

2) According to this agreement, India can use the water of eastern rivers Ravi, Sutlej and Beas, while Pakistan will use the water of western rivers Jhelum, Chenab and Indus.

3) As Indus is the largest river in Asia and flows through India , travels all across Pakistan and falls in Arabian sea, so according to agreement ,the India can use 20%  water of Indus river.

Why Indus water treaty was signed?

As shown in a map, only Indus and Sutlej originates from China and the remaining all have sources in India. As Pakistan is the agricultural country and its economy mainly depends upon agriculture. So, Pakistan was in fear that in case of any war, India will create droughts and floods in Pakistan because India is capable to control these rivers as their sources are in India. So, Indus water treaty was signed to ensure the safety of Pakistan .

Dams on which river?

As Pakistan can use the water of three rivers, Indus , Jhelum and chenab. Mangla dam is built on Jhelum river and Tarbela dam is built on Indus river.

 Tarbela Dam on Indus

 

 Mangla Dam on Jhelum in Azad Jammu and Kashmir

50 lakh houses for homeless people.....great initiative

Prime Minister (PM) of Pakistan, Mr Imran Khan has taken a great initiative of making a project of 50 lakh / 5 million houses for the homeless people at very low cost and easy installments as he promised his countrymen before elections.

This was really a great decision as it impose a positive impact on our economy. The houses will be built in various cities of Pakistan and the inspection for this project is already been started.
This project might bring some change for the poor people.

Questions asked from the Applicants:

In which city, you want a house?

What is your monthly income?

Which installment plan, you want?

These were the basic questions that every applicant must answer in application form as this project only is for poor people.

Benefits of the project:

1) Jobs will be generated through this project as this is the big project of 50 lakh houses, so lots of unemployment problems might be solve.

2) The houses will be provided at  easy installments.

  

3) Very beneficial for economic growth.

4) House will be provided in applicant's desired city.

Global warming and its impact?? Must read

Global warming:

Global warming is the increase in overall temperature of Earth's atmosphere.

How Global warming affect world?

When light from Sun shines on Earth's surface, Earth absorb some heat to warm the planet and radiate remaining into atmosphere,then greenhouses gases (like carbon dioxide, chlorofluorocarbon etc) trap some of the heat in atmosphere and remaining escape into the space. The more greenhouse gases, the more heat would be trapped and eventually the temperature of the Earth got warmer and warmer. 

Sources of Greenhouse gases:

Mostly due to human activities;

1)  Use of fossil fuels;

2)  Deforestation;

3)  Use of Synthetic fertilizers.

Impacts of Global Warming:

1) Rise of sea water:

    Due to heat, more ice melts from land which causes increase in sea water.

2)  Longer Wildfire Season:

      Due to heat, there will be longer and more damaging wildfire seasons in the U.S.

3)   Can Cause severe health problems.

4)    More Droughts.

 Temperature rise?

 According to an ongoing temperature analysis conducted by scientists at NASA’s Goddard Institute    for Space Studies, the average global temperature on Earth has increased by about 0.8° Celsius  since 1880.

Free Wifi in Tharparkar. Are You Kidding?

I am writing this article to tell the priorities of our governments. Sindh Engro Coal mining company is going to provide free WiFi with the help of Wateen in some areas of Tharparkar which also includes a production of 660 megawatt of electricity, this project will cost around $2 billion and will hopefully be completed in 2019.

But wait, Let me tell you one thing that people here in Thar are deprived of basic necessaries like they don't have good food, water etc. Lots of Children died here due to poor nutrition, thirst, lack of medical assistance etc

Thar is the only fertile desert in the world and its agriculture only depends on rainfall and they only earn from livestock( like selling milk, making leather , wool etc). Due to less rainfall, less grass comes out which causes a decrease in livestock and this brings overall bad impact on their livelihood.

Do you think, Are people here can afford the products related to electricity or electricity itself or can afford wife devices? The answer is simply No.

The $2 billion  is fairly enough to bring some changes in tharparkar like provide them nutritional food or bring alternative source of water for their agriculture or for drinking purposes as lots of dry wells due to less rainfall causes Children to die because of thirst, this is really an alarming situation to all of us.

I appeal  to Sindh government, please do what is need? the luxuries will be treated afterward.

Just think for Pakistan, think for Sindh,

Thanks

Why Engineers are Jobless in Pakistan? Must read

Asalam-u-Alaikum,

As a BSc(Civil Engineer), I am writing this article for the rights of Engineers and problems they are facing. The person who has done too much hard work to become an Engineer has no job, too much hard work does not only mean, he studied hard, Most of the students becoming an Engineer has to live far from their houses in different cities and face the difficulties of life on their own without their families and after all that trouble, their future is at stake.
For few days, I was thinking, if the person having technical education has no job , What would the person do who don't have such technical education? Almost all departments are touching their saturation point in Pakistan.

Why ENGINEERS are Jobless?

1)  Because Of some brokers and Contractors who just want our Pakistan engineering council number for some money and can not offer us a job.

2)  Because of the bad policies by the Government, Pakistani Contractors don't have big projects and they are also suffering a loss in Business as most of the big projects are taken by Chinese Contractors and they came with their own staff.

 

3)  Bad Education policies, BSc Engineering don't have internship, so most of the companies wants experience, How could the engineer got experience without getting any job?

I am really concern about the instability and unemployment problem in Pakistan, there are lots of issues to talk about . I do have one question, I recently receive Supervisory certificate,

Why  PEC display my Cell number on a list of Engineers having Supervisory Certificate? 

as Cell number is a private thing.

Let Suppose, If anyone got the job from small contractor:

Is his future be secure? 

The answer is simply "No"

I appeal to concerned authorities, do something for our future as the time is passing.

Just Think for Pakistan

Thanks