EVERYBODY is aware of that the country has all the resources to become an economic power however no one is aware of 'whats wrong with us. By 1969, Pakistans factory-made exports were more than the exports of thailand, malaysia and indonesia combined and nowadays they're way ahead of us singly. Let me share with you a number of the glaring facts that require to be brought into the limelight so the people at massive might have an understanding of the potential the country has.
Pakistan is the twenty fourth largest economy within the world (according to buying Power criterion), forty fifth Largest economy within the world (according to absolute us dollars term), sixth Biggest Country within the world (according to population out of 230 countries), thirty sixth Biggest country within the world (according to area), Largest irrigation network within the world, one of the eighth Nuclear Powers within the World and second biggest technical force (in absolute numbers) within the Muslim world (after Turkey). Surprised? we simply like to hate ourselves, however never notice verity potential that Islamic Republic of Pakistan needs to supply. we should think positive and trust me we are able to reach for the sky.
There are some further gorgeous economic revelations:
Pakistan has second largest coal reserves within the world, one of the biggest gold mines at one area. The country has thirty per cent of the globe textile yarn trade, Fourth Largest producer of Cotton, sixth biggest materials (woven) manufacturer within the world, Third biggest producer of Milk, third largest producer of Apricots, fifth Largest producer of Dates, fourth largest producer of Onions, third Largest producer of chickpeas, fifth largest producer of sugarcane. If we are so smart as given on top of what we lack is correct marketing of our product so as to attain hard cash, i.e. dollars. we'd like to search out markets for the on top of product internationally and supply provision channels to require them from the farms and deliver them.
Electricity however will the economy grow once it only gets electricity for sixty six per cent of the time thus if {we will|we will|we are able to} solve the electricity drawback the economy can grow by thirty four per cent.
Gas - all our major producing sectors use gas; gas load-shedding to the trade cuts down the production by thirty per cent in a very year; thus by increasing gas offer we are able to increase our manufacturing production. Interest Rates with the banks lending to the profession from eighteen to {20|to twenty} however will anyone survive? we are able to increase our economy by 20 per cent if we are able to bring the interest rates right down to five per cent.
The arithmetic of the above is simple: twenty % charge per unit and eight per cent administrative prices and thirty per cent loss as a {result of|thanks to|attributable to} less production as a result of gas and electricity shortage plus10 per cent minimum profit that any business needs to run.
Is equal to = sixty eight -This is the needed return that a Pakistani businessman would need in order to run. No business within the world offers a come of sixty eight thus however will pakistani businessman survive ? in fact Pakistan will become Economic Super Power like USA, Europe, or China. a little attention towards the excavation and correct utilization of coal will do the miracle. the entire amount of coal reserves in pakistan is one hundred seventy five billion tons and if the common price of coal within the world market is $70/ton, the entire price of our coal reserves $12,250,000,000,000 (12.3 Trillion Dollars).
That is the entire quantity of cash that the US Government has borrowed from its banks within the last two hundred years. The answers to all or any our issues are simple- we should think positive, solve our electricity and gas issues, massively cut back interest rates, and exploit our natural resources on war-footing and that i will guarantee that Pakistan will become future economic super power.
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