World Bank: Pakistan Reduced Poverty and Grew Economy During COVID19 Pandemic

Pakistan poverty headcount, as measured at the lower-middle-income class line of US$3.20 PPP 2011 per day, declined from 37% in FY2020 to 34% in FY2021 in spite of the COVID19 pandemic, according to the World Bank's Pakistan Development Update 2022 released this month. The report said Pakistan's real GDP shrank by 1% in FY20, followed by 5.6% growth in FY21.  The report highlights high inflation and low savings rate as key economic issues. 

Pakistan's Macroeconomic Indicators. Source: World Bank

The report credited the PTI government led by former Prime Minister Imran Khan for timely policy measures, particularly the Ehsaas program, for mitigating the adverse socioeconomic impacts of the COVID-19 pandemic. Here's an excerpt of the report titled Pakistan Development Update 2022

"The State Bank of Pakistan (SBP) lowered the policy rate and announced supportive measures for the financial sector to help businesses and the Government expanded the national cash transfer program (Ehsaas) on an emergency basis. These measures contributed to economic growth rebounding to 5.6 percent in FY21.  However, long-standing structural weaknesses of the economy, particularly consumption-led growth, low private investment rates, and weak exports have constrained productivity growth and pose risks to a sustained recovery. Aggregate demand pressures have built up, in part due to previously accommodative fiscal and monetary policies, contributing to double-digit inflation and a sharp rise in the import bill with record-high trade deficits in H1 FY22 (Jul–Dec 2021). These have diminished the real purchasing power of households and weighed on the exchange rate and the country’s limited external buffers." 

The report cites high rates of inflation hurting the people, particularly the poor who spend about half of their income on food. Here's an excerpt: 

"Headline inflation rose to an average of 9.8 percent y-o-y in H1 FY22 from 8.6 percent in H1 FY21, driven by surging global commodity and energy prices and a weaker exchange rate. Similarly, core inflation has been increasing since September 2021. Accordingly, the State Bank of Pakistan (SBP) has been unwinding its expansionary monetary stance since September 2021, raising the policy rate by a cumulative 525 basis points (bps) and banks’ cash reserve requirement by 100 bps" 

Pakistan Savings Rate Comparison. Source: World Bank

The World Bank report highlights the low level of personal savings and investments as a key impediment to economic growth. Here's an excerpt: 

"The savings challenge has only been exacerbated by the low level of financial inclusion in the country, where even those who save are not saving with the financial system, and as such savings are not being fully leveraged to support capital formation. Only 21 percent of the population has access to an account and only 18 percent of the population uses digital payments. There are also large gaps in financial inclusion, with vulnerable segments having limited access at high prices. In terms of access to accounts, 7 percent of adult women have access compared to 35 percent of adult men, and 15 percent of young adults (ages 15–24) have access compared to 25 percent of older adults. It should be highlighted, however, that Pakistan has made notable gains on the financial inclusion agenda in recent years, supported by policy reforms and holistic strategies such as the National Financial Inclusion Strategy. However, despite the progress made, Pakistan underperforms on key metrics of financial inclusion in comparison to its peer comparators. Estimates suggest that less than 50 percent of domestic savings find their way to the financial sector, with the rest used in real estate, being intermediated through informal channels, or are soaked up directly by the government through National Savings. The incentive system is skewed such that savings flow outside of the financial sector. The large quantum of currency in circulation (CiC) in the economy is also indicative of this trend. The CiC/M2 ratio, which averaged 22 percent till June 2015 has increased to over 28 percent as of June 2021. The increase in CiC/M2 ratio translates into excess CiC of PKR1.4 trillion. These are resources that could have been intermediated for productive uses by the financial sector but are currently outside the sector." 

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Comment by Riaz Haq on May 30, 2022 at 10:52am

Pakistan’s generational shift
By Dr Ayesha RazzaqueMay 22, 2022

https://www.thenews.com.pk/print/959718-pakistan-s-generational-shift

Last year saw the publication of ‘Womansplaining – Navigating Activism, Politics and Modernity in Pakistan,’ a book edited by Federal Minister Sherry Rehman to which I was able to contribute a chapter. It connected education with women’s rights and argued that indigenous movements like the Aurat March should focus on education as a core part of their agenda.

Detractors of Pakistan’s women’s rights movement have been taking potshots at it by claiming that the issues it raises are not the issues of ‘real’ (read: rural) women. Put aside for a minute the fact that Pakistan’s rural population now accounts for 62 per cent, down from 72 per cent in 1980, and is on a steady decline. While the numbers may differ, and women’s power to negotiate may differ, rural and urban women share basic challenges and better education can yield similar opportunities and improvements in life circumstances.

Indigenous progressive and women’s rights movements have adopted the cause of education as an agenda item but should make it front and center, specifically K-12 education for girls in rural areas. New data further substantiates that connection with numbers. Education up to the higher secondary level, just the education that rural schools offer today, is the enabler that brings increased women’s labour force participation, delayed first marriage, lower rates of consanguinity, increased income, increased spousal income, and is a contributing factor to greater freedom of movement and communication – all positives.

Studies exploring the relationships between levels of education and life circumstances around the world are plentiful and capture the situation at a point and place in time. The Learning and Educational Achievements in Pakistan Schools (LEAPS) programme is qualitatively different because it already spans a period of almost two decades. The LEAPS programme has been tracking lower- and middle-income households in 120 randomly selected villages across three districts in rural Punjab since 2003. It has been revisiting them since then, most recently for the sixth time in 2018, roughly once every three years. That makes it one of the largest and longest panels of households in lower- and middle-income countries. This study is also unique as it looks at return on investment in education beyond an individual’s income and looks into the possible spillover into life circumstances and quality-of-life which is especially interesting for those interested in women empowerment and feminist movements.

In this latest round it surveyed 2006 women now aged 20-30. All these women were from the same 120 birth villages and have been tracked to their marital homes within or outside the village if they have married, migrated or moved for any other reason. Preliminary descriptive results of the long-running LEAPS study tell interesting stories. The headline finding of LEAPS investigators is that Pakistan is in the midst of a ‘generational shift’ where, for the first time in its education history, we have a ‘critical mass of moderately educated women’.

In this generation only 18.7 per cent of rural women are without an education, down from 75.5 per cent from their mothers’ generation. Nearly 50 per cent have an education ranging from a primary to secondary education, up from just 20 per cent in the previous generation. A stunning 22.9 per cent have a higher secondary or above education, up from an almost nothing 0.3 per cent in their previous generation.



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Existing plans, at least in the domain of education, remain unguided by some of the very excellent evidence that is available. Meanwhile, the Planning Commission is organizing a ‘Turnaround Pakistan’ conference perhaps as early as May 28 to conduct national consultations. Whether a hurriedly thrown together conference can change the way business is done remains to be seen.

Comment by Riaz Haq on May 30, 2022 at 5:04pm

Pakistan says IMF is only resort, shut out of bond markets

Pakistan needs about $36 billion to $37 billion in financing for the fiscal year starting June, said Ismail. An IMF deal would help secure funds from other sources such as the World Bank and friendly nations including China.

https://www.aljazeera.com/economy/2022/5/30/pakistan-says-imf-only-...

Finance minister said that several countries are ready to offer help, but first want Islamabad to secure funds from IMF.

Pakistan’s government is unable to secure funding from the global bond market and commercial banks, making it even more important to secure an agreement with the International Monetary Fund, Finance Minister Miftah Ismail said.

Pakistan’s dollar bonds, which reached a record low this month, gained on Friday after the government raised fuel prices, a key benchmark for the IMF to resume its loan program. Pakistan is seeking to secure a staff-level agreement with the fund in June.


“All roads lead to the IMF,” Ismail said Saturday to a virtual conference. “Saudi Arabia and other countries are all ready to give money, but all of them say we need to go to the IMF first.”

Former Prime Minister Imran Khan reduced and froze fuel prices, stalling the $6 billion bailout program. His successor Shehbaz Sharif, who took office in April, banned luxury imports and the central bank raised borrowing costs more than expected this month to deal with all-time high imports.

Pakistan needs about $36 billion to $37 billion in financing for the fiscal year starting June, said Ismail. An IMF deal would help secure funds from other sources such as the World Bank and friendly nations including China.

Ismail ruled out raising funds from the global bond market and foreign commercial banks that have given short-term loans in the past. The decision was made after the nation is said to have picked banks JPMorgan Chase & Co., Citigroup Inc., Standard Chartered Plc and Credit Suisse Group AG to manage any bond sale.


The financing will help Pakistan increase its foreign exchange reserves to about $15 billion next fiscal year from about $10 billion. Pakistan faces $3.2 billion in dollar debt due this year, the highest amount in the next decade, according to data compiled by Bloomberg.

Pakistan’s financing needs will be comfortable if the nation secures the IMF program, acting central bank governor Murtaza Syed told investors and analysts last week.

Comment by Riaz Haq on June 1, 2022 at 6:43pm

New growth
Sarah Nizamani


https://www.dawn.com/news/1692241/new-growth

Evidence confirms that economic growth occurs when countries are a part of global supply and value chains. But, what defines value changes. For example, Adam Smith in The Wealth of Nations lists some of the most unproductive professions — including that of churchmen, lawyers, musicians, dancers and sportsmen. He would be surprised to know how much money there is in these professions now. For Pakistan to achieve sustained growth, it needs to create value for the goods and services in global demand. There are no easy answers for how this can be achieved, but there are ideas to debate.

For 200 years, economic growth has been linked with manufacturing, but this may no longer be valid. Several reports show that many low-income countries might have missed the boat to developing industry. As pointed out by Ejaz Ghani and Stephen O’Connell, industrialisation needs two main factors to flourish: 1) enhanced availability of electric power; 2) higher capital investment. With power shortages and an inability to attract investment, Pakistan has struggled with both. However, evidence suggests there is still a chance for developing countries to shape their development pathways which lie in the service revolution. In Pakistan, the service sector has contributed more to growth than industry since 1950 and surpassed agriculture in 1965. In 2020, it employed 36pc of labour and contributed 54pc to GDP. The level of productivity measured at purchasing power parity is also higher than in industry.

Thanks to technology, the sector is no longer exclusively driven by domestic demand and services are globally tradable. This results in increased exports of trade in services. For example, Pakistani freelancers earned $150 million in FY2019-20 (in the absence of PayPal) and Pakistan was ranked fourth in the freelancers’ market (above India and Bangladesh). This proves that manufacturing is not the only driver of growth, and that the service sector is not only sustainable but also inclusive. If Pakistan can expand and improve its service sector, it may result in faster job creation and higher household spending. This would not mean giving up on industrialisation, but divorcing protectionism in the hope of better returns.

Still, there’s a need to recognise that services are an urban phenomenon and skill-centric, and may not bring prosperity to all in equal measure. To bring rural prosperity, there’s a need for inclusive capitalism to reach farmers, which means access to formal finance, informed policymaking, investment in agro-tech and autonomy in farming decisions. Skipping manufacturing to leapfrog to services is possible, but this cannot be done without raising farm incomes.

What is suggested here is to end the factory fetish and protectionism, keep away from subsidising land, credit and power, empower small farmers, remove growth constraints in agriculture, invest in people, and change the state’s role from regulator/inhibitor to enabler/value creator — and to remember that the only failure is the failure to envision a better future.

Comment by Riaz Haq on June 9, 2022 at 9:01am

Economic Survey 2021-22: Pakistan’s economy grew by 6%, says Finance Minister Miftah Ismail
"The situation in Pakistan has remained the same — whenever country records growth it, unfortunately, gets into crisis of current deficit,” says Miftah

https://www.thenews.com.pk/latest/964686-live-govt-launches-economi...

Finance Minister Miftah Ismail on Thursday unveiled the Economic Survey of Pakistan 2021-22, a pre-budget document, showing growth hitting 6% against the target of 4.8% in the outgoing fiscal year.

The finance minister unveiled the Economic Survey 2021-22, alongside Planning Minister Ahsan Iqbal, Power Minister Khurram Dastagir, and State Minister for Finance Ayesha Ghous Pasha in a press conference in Islamabad.

Miftah highlighted the performance and targets achieved or missed during the outgoing fiscal year — when the Imran Khan-led government was in power for the first nine months — that started on July 1, 2021, and will end on June 30, 2022.

The government achieved the most important economic target — GDP growth — and hence, it was less surprising that other goals were achieved as well.

"The situation in Pakistan has remained the same — whenever the country records growth it, unfortunately, gets into the crisis of current deficit,” said Miftah.

“The same has happened this time as well, the recent 5.97% growth recorded during the outgoing fiscal year 2021-22, according to new estimates, has pushed Pakistan towards the balance of payments and current account deficit crisis,” the finance minister lamented.

He further highlighted imports have increased by 48% as compared to the last fiscal year, while the exports also moved up. But noted that the trade deficit stood at $45 billion.

Miftah said that years before, the exports were around half of the imports. However, the export-to-import ratio stands at 40:60 now, he said, adding that Pakistan could only finance 40% of its imports through exports and for the rest, it had to rely on remittances or loans — which makes the country stuck in a balance of payment crisis.


"We also need inclusive growth. We have always facilitated the elite so they can boost the industry and benefit the economy. This is one strategy, but when we give privileges to the elite, then our import basket increases," he said.

A rich person spends a lot on imported items as compared to a low-income person, he said, adding that the government should financially empower the low-income groups to boost local production.

"If we do this, then maybe our domestic and agriculture production would increase, but it will not move up our import bill. This growth will be inclusive as well as sustainable," he said.

The finance minister added that since the energy prices are too high in Pakistan, therefore, the local industry is "uncompetitive and also shuts down at times".

Miftah said the gas supply for all industries has resumed after being shut for some time, noting that the supply to industries would not have been stopped had the PTI government entered long-term agreements.

The previous government did not make long-term plans, forcing Pakistan to buy energy and oil at expensive rates, which is worsening the economy of the country.

"And this is not PML-N, JUI-F, PPP, or the coalition government's economy whose economic situation is worsening; it is the state of Pakistan that is seeing an economic turmoil," he said.

The finance minister, while talking about the foreign direct investment (FDI), said it was around $2 billion in 2017-2018, but it stood at around $1.25 billion in the first nine months of the outgoing fiscal year.

Miftah said the trade and current account deficits have increased as compared to 2017-18 — the fiscal year when PML-N's government ended — as an "incompetent" ruler was imposed on Pakistan.

Comment by Riaz Haq on June 9, 2022 at 9:01am

Economic Survey 2021-22: Pakistan’s economy grew by 6%, says Finance Minister Miftah Ismail
"The situation in Pakistan has remained the same — whenever country records growth it, unfortunately, gets into crisis of current deficit,” says Miftah

https://www.thenews.com.pk/latest/964686-live-govt-launches-economi...

https://www.finance.gov.pk/survey/chapter_22/Highlights.pdf

Finance Minister Miftah Ismail on Thursday unveiled the Economic Survey of Pakistan 2021-22, a pre-budget document, showing growth hitting 6% against the target of 4.8% in the outgoing fiscal year.

The finance minister unveiled the Economic Survey 2021-22, alongside Planning Minister Ahsan Iqbal, Power Minister Khurram Dastagir, and State Minister for Finance Ayesha Ghous Pasha in a press conference in Islamabad.

Miftah highlighted the performance and targets achieved or missed during the outgoing fiscal year — when the Imran Khan-led government was in power for the first nine months — that started on July 1, 2021, and will end on June 30, 2022.

The government achieved the most important economic target — GDP growth — and hence, it was less surprising that other goals were achieved as well.

"The situation in Pakistan has remained the same — whenever the country records growth it, unfortunately, gets into the crisis of current deficit,” said Miftah.

“The same has happened this time as well, the recent 5.97% growth recorded during the outgoing fiscal year 2021-22, according to new estimates, has pushed Pakistan towards the balance of payments and current account deficit crisis,” the finance minister lamented.

He further highlighted imports have increased by 48% as compared to the last fiscal year, while the exports also moved up. But noted that the trade deficit stood at $45 billion.

Miftah said that years before, the exports were around half of the imports. However, the export-to-import ratio stands at 40:60 now, he said, adding that Pakistan could only finance 40% of its imports through exports and for the rest, it had to rely on remittances or loans — which makes the country stuck in a balance of payment crisis.


"We also need inclusive growth. We have always facilitated the elite so they can boost the industry and benefit the economy. This is one strategy, but when we give privileges to the elite, then our import basket increases," he said.

A rich person spends a lot on imported items as compared to a low-income person, he said, adding that the government should financially empower the low-income groups to boost local production.

"If we do this, then maybe our domestic and agriculture production would increase, but it will not move up our import bill. This growth will be inclusive as well as sustainable," he said.

The finance minister added that since the energy prices are too high in Pakistan, therefore, the local industry is "uncompetitive and also shuts down at times".

Miftah said the gas supply for all industries has resumed after being shut for some time, noting that the supply to industries would not have been stopped had the PTI government entered long-term agreements.

The previous government did not make long-term plans, forcing Pakistan to buy energy and oil at expensive rates, which is worsening the economy of the country.

"And this is not PML-N, JUI-F, PPP, or the coalition government's economy whose economic situation is worsening; it is the state of Pakistan that is seeing an economic turmoil," he said.

The finance minister, while talking about the foreign direct investment (FDI), said it was around $2 billion in 2017-2018, but it stood at around $1.25 billion in the first nine months of the outgoing fiscal year.

Miftah said the trade and current account deficits have increased as compared to 2017-18 — the fiscal year when PML-N's government ended — as an "incompetent" ruler was imposed on Pakistan.

Comment by Riaz Haq on June 9, 2022 at 9:02am

conomic Survey 2021-22: Pakistan’s economy grew by 6%, says Finance Minister Miftah Ismail

https://www.thenews.com.pk/latest/964686-live-govt-launches-economi...

https://www.finance.gov.pk/survey/chapter_22/Highlights.pdf


Miftah said the trade and current account deficits have increased as compared to 2017-18 — the fiscal year when PML-N's government ended — as an "incompetent" ruler was imposed on Pakistan.

Miftah said although coronavirus was once in a lifetime pandemic, the government missed historic opportunities. "After COVID, oil and gas were at record-low rates, which the PTI government missed."

He noted that although several lives were lost due to the pandemic, the country did not face much of a loss on the economic front as the G20 deferred the loan repayment of more than $4 billion and International Monetary (IMF) gave an additional $1.4 billion to Pakistan.

"The previous government did not consolidate it and could capitalise on it," the finance minister said, slamming the PTI for reducing the agricultural yield as Pakistan now has to import wheat from countries, that it would export in the pre-PTI era.

Miftah stressed that since Pakistan is a nuclear country, its export-to-GDP rate should be 15%. "The problem in Pakistan is not that our import is a lot, but the issue lies in our exports being less," he said.

'Historic loans'
The finance minister said the PTI government took "historic" loans during its tenure. Miftah added the government would be needing $3,100 billion for debt servicing this year and the $3,900 plus billion next year.

'Rebasing of economy'
For his part, Minister for Planning, Development, and Special Initiatives Ahsan Iqbal said the PTI government had rebased the economy, therefore, the latest numbers did not represent the “true picture”.

The planning minister said his sector, development, has taken the biggest hit in this economic survey as public investment had gone down, which ultimately shrunk private investment.

Iqbal said PTI decreased the development budget gradually and when the coalition government came into power, it was taken down to Rs550 billion.

"This was a huge contrast between the budget that we last presented. We had aligned 'two Ds' — the defence and development budgets were Rs1,000 billion," Iqbal said.

The federal minister said the defence budget was not slashed for development, but record taxes were collected to meet the demands of both sectors.

Pakistan’s future depends on ‘strong defence’
Iqbal added that Pakistan's future depends on a strong defence as well as development. He added that it was important to invest in education and creates avenues of employment for youth.

"If we do not do this, then a similar incident will happen like the one which took place at Karachi University, where a woman, who was studying doing her MPhil, blew herself up. The people facing poverty tend to move towards extremism," he said.

The planning minister recalled that during the PML-N's last tenure, the country was moving towards "vision 2025" when all of a sudden, we took a U-turn to "Naya Pakistan".

Iqbal said the coalition government was trying to bring the country back on track in terms of economic prosperity, but "at a price" — the revocation of subsidies.

He added that when the government was formed, it took one month to end the subsidies as it was trying to look for ways to refrain from shifting the burden on the masses.

Iqbal says PM Shehbaz wants charter of economy
Moving on, Iqbal said the development had stood at "0%" during PTI's tenure, and the current government wanted to revive the economy in its quest to invest in this sector.

Pakistan is behind Bangladesh in every sector despite Dhaka gaining independence 25 years after Islamabad, Iqbal said, noting that it was time the nation thinks about development seriously.

Comment by Riaz Haq on June 9, 2022 at 9:03am

It seems the economy fared better during the fiscal year 2021-2022, i.e. the PTI government’s final year. PML-N took over in April after the controversial vote of no confidence. While PML-N claims that Imran Khan’s government ruined the economy, broad-based growth was witnessed in all the sectors of the economy.

https://www.globalvillagespace.com/pakistans-economy-showed-robust-...

The incumbent government will today launch the pre-budget document, Economic Survey of Pakistan 2021-22, showing a robust GDP growth rate of 5.97 percent. The survey would cover the development of all the important sectors of the economy, including growth.

According to details reported by the media, most of the targets set for the outgoing fiscal year 2021-22 seemed to be achieved or even surpassed the previous years’ targets, as the macro economic indicators have shown good performance during the year.As per the Planning Commission’s estimations made in the 105th meeting of the National Accounts Committee (NAC), the provisional GDP growth rate for the years 2021-22 is estimated at 5.97%.

The growth of agricultural, industrial, and services sectors is 4.40%, 7.19%, and 6.19% respectively. The growth of important crops during this year is 7.24%. The growth in production of important crops namely Cotton, Rice, Sugarcane, and Maize are estimated at 17.9%, 10.7%, 9.4%, and 19.0% respectively.

The services sector shows a growth of 6.19%. The wholesale and Retail Trade industry grew by 10.04%. It is dependent on the output of agriculture, manufacturing, and imports.

https://www.finance.gov.pk/survey/chapter_22/Highlights.pdf

Comment by Riaz Haq on June 9, 2022 at 6:46pm

Pakistan Economic Survey: Health & Nutrition 2021-22

https://www.finance.gov.pk/survey/chapter_22/PES11-HEALTH.pdf

Infant Mortality Rate (IMR) in Pakistan has declined to 54.2 deaths per 1,000 live births
in 2020 from 55.7 in 2019, while Neonatal Mortality Rate declined to 40.4 deaths per
1,000 live births in 2020 from 41.2 in 2019. Percentage of birth attended by skilled
health personnel increased to 69.3 percent in 2020 from 68 percent in 2019 (DHS & UNICEF). Maternal Mortality Ratio fell to 186 maternal deaths per 100,000 births in
2020, from 189 in 2019 (Table 11.1).
With a population growing at 2 percent per annum, Pakistan’s contraceptive prevalence
rate in 2020 decreased to 33 percent from 34 percent in 2019 (Trading Economics).
Pakistan’s tuberculosis incidence is 259 per 100,000 population and HIV prevalence rate
is 0.12 per 1,000 population in 2020.


Table 11.1: Health Indicators of Pakistan
2019 2020
Maternal Mortality Ratio (Per 100,000 Births)* 189 186
Neonatal Mortality Rate (Per 1,000 Live Births) 41.2 40.4
Mortality Rate, Infant (Per 1,000 Live Births) 55.7 54.2
Under-5 Mortality Rate (Per 1,000) 67.3 65.2
Incidence of Tuberculosis (Per 100,000 People) 263 259
Incidence of HIV (Per 1,000 Uninfected Population) 0.12 0.12
Life Expectancy at Birth, (Years) 67.3 67.4
Births Attended By Skilled Health Staff (% of Total)** 68.0 (2015) 69.3 (2018)
Contraceptive Prevalence, Any Methods (% of Women Ages 15-49) 34.0 33
Source: WDI, UNICEF, Trading Economics & Our World in data
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Food and nutrition

Calories/day 2019-20 2457 2020-21 2786 2021-22 2735

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Table 11.9: Availability of Major Food Items per annum (Kg per capita)
Food Items 2019-20 2020-21 2021-22 (P)**
Cereals 139.9 170.8 164.7
Pulses 7.8 7.6 7.3
Sugar 23.3 28.5 28.3
Milk (Liter) 168.7 171.8 168.8
Meat (Beef, Mutton, Chicken) 22.0 22.9 22.5
Fish 2.9 2.9 2.9
Eggs (Dozen) 7.9 8.2 8.1
Edible Oil/ Ghee 14.8 15.1 14.5
Fruits & Vegetables 53.6 52.4 68.3
Calories/day 2457 2786 2735
Source: M/o PD&SI (Nutrition Section)

Comment by Riaz Haq on June 9, 2022 at 6:48pm

Pakistan Economic Survey: Education 2021-22


https://www.finance.gov.pk/survey/chapter_22/PES10-EDUCATION.pdf

Pakistan is committed to transform its education system into a high-quality global
market demand driven system in accordance with the Goal 4 of Sustainable
Development Goals (SDGs) which pertains to quality of education. The progress
achieved by Pakistan so far on Goal 4 of SDGs is as under:
 Primary, Lower and Upper Secondary Education Completion Rate stood at 67
percent, 47 percent and 23 percent, respectively, depicting higher Primary
attendance than Lower and Upper Secondary levels.
 Parity Indices at Literacy, Youth Literacy, Primary and Secondary are 0.71, 0.82, 0.88
and 0.89, respectively.
 Participation rate in organized learning (one year before the official primary entry
age), by sex is 19 percent showing a low level of consideration of Pre-Primary
Education.
 Percentage of population in a given age group achieving at least affixed level of
proficiency in functional; (a) literacy and (b) numeracy skills is 60 percent.

--------
Literacy, Gross Enrolment Rate (GER) and Net Enrolment Rate (NER)
Literacy
During 2021-22, PSLM Survey was not conducted due to upcoming Population and
Housing Census 2022. Therefore, the figures for the latest available survey regarding
GER and NER may be considered for the analysis. However, according to Labour Force
Survey 2020-21, literacy rate trends shows 62.8 percent in 2020-21 (as compared to
62.4 percent in 2018-19), more in males (from 73.0 percent to 73.4 percent) than
females (from 51.5 percent to 51.9 percent). Area-wise analysis suggest literacy increase
in both rural (53.7 percent to 54.0 percent) and urban (76.1 percent to 77.3 percent).
Male-female disparity seems to be narrowing down with time span. Literacy rate gone
up in all provinces, Punjab (66.1 percent to 66.3 percent), Sindh (61.6 percent to 61.8
percent), Khyber Pakhtunkhwa (52.4 percent to 55.1 percent) and Balochistan (53.9
percent to 54.5 percent). [Table10.2].
Table 10.2: Literacy Rate (10 Years and Above) (Percent)
Province/Area 2018-19 2020-21
Male Female Total Male Female Total
Pakistan 73.0 51.5 62.4 73.4 51.9 62.8
Rural 67.1 40.4 53.7 67.2 40.8 54.0
Urban 82.2 69.7 76.1 83.5 70.8 77.3

--------

During 2021-22, PSLM Survey was not conducted due to upcoming Population and
Housing Census 2022. Therefore, the figures for the latest available survey are reported
here.
Table 10.3: National and Provincial GER (Age 6 -10 years) at Primary Level (Classes1-5)(Percent)
Province/Area 2014-15 2019-20
Male Female Total Male Female Total
Pakistan 98 82 91 89 78 84
Punjab 103 92 98 93 90 92
Sindh 88 69 79 78 62 71
Khyber Pakhtunkhwa
(Including Merged Areas)
- - - 96 73 85
Khyber Pakhtunkhwa
(Excluding Merged Areas)
103 80 92 98 79 89
Balochistan 89 54 73 84 56 72
Source: Pakistan Social and Living Standards Measurement (PSLM) District Level Survey, 2019-20,
Pakistan Bureau of Statistics.

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Annual Status of Education Report (ASER)
Annual Status of Education Report (ASER-Rural) 2021, is the largest citizen-led
household-based learning survey across all provinces/areas: Sindh, Balochistan, Punjab,
Khyber Pakhtunkhwa (KP), Gilgit Baltistan (GB), Islamabad Capital Territory (ICT) and
Azad Jammu Kashmir (AJK). According to the ASER 2021, 10,000 trained
volunteer/enumerators surveyed 87,415 households in 4,420 villages across 152 rural
districts of Pakistan. Detailed information of 247,978 children aged 3-16 has been
collected (57 percent male and 43 percent female), and of these, 212,105 children aged
5-16 years were assessed for language and arithmetic competencies. Moreover, 585
transgenders were also a part of the surveyed sample. Major findings of ASER 2021 and
its comparison with 2019 is given in Box-II

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    Pakistani Student Enrollment in US Universities Hits All Time High

    Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…

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    Posted by Riaz Haq on April 1, 2024 at 5:00pm

    Agriculture, Caste, Religion and Happiness in South Asia

    Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth during the quarter. Strong performance of the farm sector gives the much needed boost for about …

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    Posted by Riaz Haq on March 29, 2024 at 8:00pm

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