The Annual Plan 2012-13 has been prepared focusing on issues of energy, water, food and internal security, human development, software to growth, PSEs & civil service reforms and provision of critical infrastructure. The Plan highlights growth, macroeconomic & price stability, balance development, social protection for the poor and implementation of PSDP through Result Based Management. The Annual Plan 2012-13 targets growth of GDP at 4.3% with contribution of agriculture at 4.0%, manufacturing at 4.1% and services sector at 4.6%. Fiscal and external accounts would be improved that would also enhance savings and investment.
Growth Strategy of the Annual Plan 2011-12 has been derived from the Pakistan: Economic Growth Framework recently formulated by the Planning Commission. The Framework envisions effective participation of the private sector in the development process. Government would gradually withdraw its role as a direct participant in the economy and be the facilitator and regulator. Free forces of market are to be allowed to determine effective allocation and utilization of resources.
The Annual Plan 2010-11 envisaged macroeconomic stability and economic growth amid signs of global economic recovery. The economy was planned to grow at 4.5%. At the onset of current fiscal year, the economy faced the problems of energy shortage, circular debt in power sector, high subsidies and loss making public sector entities. The flood 2010 inflicted a loss of Rs 855 billion to the national economy. The federal and provincial governments had to divert resources to provide rescue, relief and rehabilitation work to the flood affected areas
The Public Sector Development Program (PSDP) is the main instrument for providing budgetary resources for development projects and programs. According to the Planning Commission, the goals and objectives of the PSDP are as follows:"PSDP helps achieve the objectives and targets set by the government, to bring about a structural change towards sustainable and higher growth, achieving the MDGs and reducing poverty with measurable economic development. PSDP also helps achieve the government's socio-economic objectives envisaged for development of the common people
Growth and development has remained unsustainable in Pakistan because of lack of sufficient physical and social connectivity, and inefficient use of software of economic development that drives the growth rate of per capita income, on sustained basis. Software of economic growth includes better organization of institutions, effective governance mechanisms, optimal allocation and efficient management of physical infrastructure, and development of human capital that is in line with globally successful experiences.
The strategy is based on sustained reform that builds efficient and knowledgeable governance structures, and markets in desirable, attractive and well-connected locations. It recognises the severe resource constraint that the country faces and therefore focuses on 'productivity'— improving the efficiency with which assets are used. Global indicators such as 'competitiveness' and 'cost of doing business’ also highlight factors such as 'management', 'innovation', 'quality of regulation and governance" and 'research and development', as the more immediate constraints to growth. The thrust of this strategy, therefore, is to focus on the 'software' of economic growth (issues of economic governance, institutions, incentives, human resources, etc.)
The unprecedented monsoon floods in July-August 2010 caused extensive human suffering and damage to social and economic infrastructure across Pakistan. The floods affected 20 million persons, damaged 1.6 million homes, rendering 7.3 million people homeless. Floods inflicted heavy losses to agriculture and extensive damage to roads, bridges, irrigation, railways, electricity, gas lines and education, health, water and sanitation facilities. Rescue and recovery activities elicited enormous response at home and from abroad. Damage and Needs Assessment (DNA) survey, conducted by World Bank and ADB, estimated damage at Rs 855 billion.
The fourth in the series, the Pakistan Millennium Development Goals Report-2010 covers the four years since 2006 in which numerous and far reaching developments have taken place which have transformed the social, political, and economic landscape of Pakistan all having an impact on the outcomes, achievements and targets of Pakistan's Millennium Development Goals.
Planning Commission functions as a think tank of the Government of Pakistan in various spheres of economic and social development and on a number of cross cutting themes and issues. Since its establishment in 1952, it has undergone many institutional reforms to meet the challenges of the past five decades. The present government, on taking office on 29th March 2008, focused on a fundamental restructuring of the Planning Commission to make it an effective institution.
The Handbook on Pakistan's Planning Commission fulfils a long-standing need for a document that can provide a bird's-eye view of the structure, functions, objectives and processes of the apex body concerned with the national planning and development. It sums up the history of the institution from the Development Board of 1953 to the Planning Commission of 1958.
This guide book contains written instructions and directions, facts and access to information covering standard activities in the project management. It has been prepared for guidance of the project authorities in better implementation of the projects. Every effort has been made to compile and present all the latest instructions, procedures and various steps involved in project management. It would fulfill the need for providing understanding and mechanism on the project implementation and supervision and would be of immense value to those involved in Public Sector Projects.
Vision is like a dream, but one which is experienced with both eyes open and with one’s feet on the ground. The Medium Term Development Framework 2005 -10 launched by the Government in July 2005 presented the Vision of a “developed, industrialized, just and prosperous Pakistan through rapid and sustainable development, in a resource constrained economy by deploying knowledge inputs”. Vision 2030 extends that dream further and higher in terms of space and time
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