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contribution of industrial sector in pakistan economy

The services sector has provided steady support to Pakistan’s economic growth. Sugar cane is produced on very large scale in many areas of Pakistan. The paper analyses its continuation in the growth of the economy in general and the development of trade and genera tion of employment in particular. The contribution of the telecom sector to the public exchequer during the first two quarters of FY 2017-18 was recorded at Rs78.62 billion in terms of taxes, regulatory fees, initial and annual licence fees, activation tax and other charges, stated the Economic Survey. Pakistan economy is positioned at 27th largest economy with 488 (1) billion USD in term of Purchasing Power Parity. Pakistan and ADB. Manufacturing is secondary economic activity after agriculture. The services sector has provided steady support to Pakistan’s economic growth. Unfortunately the IT sector has not been given the same industry status as textile and other industries, and this has impacted its development. In the case of Pakistan (see Figure 1-2 above), the structural change has been tilted towards the services sector. Pakistan is an independent state located in South Asia and ranked as the world’s 55th country with the largest factory output. In 2020, 35.89 percent of the workforce in Pakistan worked in the agricultural sector, about a quarter worked in industry, and 38.32 percent in the services sector. Following are the main points of importance of agriculture for Pakistan economy. Construction is considered as one of the potential components of industrial sector in the economy of Pakistan. Role of Agriculture in GDP of Pakistan. All the developed and under developed countries are now making efforts to install improved technology in all sectors of economy agriculture, industry, transport, banking, health, education etc. Source: Pakistan Economic Survey 2002-03, 2008-09 and Bureau of Statistics data on GDP up to 2009. It share in GDP now stands a more than 50 percent. The services sector has provided steady support to Pakistan’s economic growth. Telecom Sector contribution to Public Exchequer Economic Survey 2017-18 Image Credits: Ministry of Finance. The sector contributes about 25% towards GDP which is the highest of any other economic sector. Industrial sector plays an important role in the development process of any country. 9. The agriculture sector also provides a large amount of raw material to the industrial sector. Phase 2 (1958-1969): 1. The law and order situation must be improved. undetermined: Answer: Option B MBA (IRM) students Presentation on Industrial Sector Pakistan. Pakistan’s GDP. Sugarcane is also a cash crop and food crop. Pakistan handed in its first NDC in November 2016. Ayaz Ahmed and Henna Ahsan () . Contribution of industrial sector in Pakistan economy is: [A]. Being students of a reputable institution "Hailey College of Banking & Finance Punjab University"" we are thankful to our Professor Farah Naz Naqvi who sparkled our presentation skills and taught us to visualize the practical picture of the Economy. Historical data suggests that the economy reached a high of above 10 percent growth level in 1954, but the following year it declined to 2 percent and went up again to above 9 percent in 1969 and 1970. This sustained strong economic performance goes against the accepted wisdom that even though the mining sector, like other extractive industries, can generate foreign exchange and fiscal revenues, it contributes little to sustained economic growth and, by extension, human development. Pakistan's nationally determined contribution (PAK-NDC), 2016 . https://dsc1education.blogspot.com › 2015 › 07 › economics-of-pakistan-bcom… In 1958, a military government of Ayub came into power in Pakistan and announces a new industrial policy in 1959. 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