PAKISTANíS ECONOMY

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
May 17 - 23, 2010

PRICES OF OIL PRODUCTS

PRODUCTS JP-1 JP-4 JP-8 PREMIUM MOTOR GASOLINE HOBC KEROSENE OIL LIGHT DIESEL OIL INTERNATIONAL MONTHLY OIL PRICES PER BARREL ($)
Mar-2009 31.22 32.58 37.07 57.66 72.08 51.87 48 45.78
Apr-2009 31.83 33.5 37.67 57.66 72.08 51.87 48 50.21
May-2009 36.17 37.06 42 56.21 70.28 51.87 48 57.00
June-2009 38.29 39.15 44.08 56.21 70.28 51.87 48 68.36
July-2009 45.82 43.05 48.13 62.13 78.78 59.35 54.94 64.59
Aug-2009 44.38 41.96 46.86 60.46 77.01 57.91 53.27 71.35
Sep-2009 48.12 46.06 50.56 65.26 80.39 60.60 56.96 67.17
Oct-2009 46.03 44.24 48.60 61.63 75.59 57.87 54.97 72.67
Nov-2009 48.37 45.68 50.91 61.63 75.59 57.87 54.97 76.29
Dec-2009 52.26 50.02 54.79 66.00 80.52 62.63 60.22 74.01
Jan-2010 50.70 49.61 53.39 65.11 79.43 60.75 58.10 76.01
Feb-2010 53.41 52.15 56.05 71.21 86.84 64.06 61.07 71.02
Mar-2010 51.25 49.69 53.96 70.57 86.06 61.50 59.47 77.08
April-2010 54.54 53.10 57.22 73.14 87.56 64.81 62.20 82.33
May-2010 58.46 55.54 61.24 75.08 89.19 68.89 65.76 80.91

US $ RATES  PER PAK RUPEE

YEARS LEADARS US $
1972 Z.A. Bhutto Rs. 4.7
1977 Z.A. Bhutto Rs. 9.9
1983 Gen Ziaulhaq Rs .13.1
1987 Gen Ziaulhaq Rs. 17.7
1990 Benazir Bhutto Rs. 24
1991 Nawaz Sharif Rs. 25
1994 Benazir Bhutto Rs. 30.6
1996 Benazir Bhutto Rs. 40.3
1997-99 Nawaz Sharif Rs. 53
1999-08 Pervaiz Musharraf Rs. 62
2009 Yousaf Raza Gilani Rs.84.08

FOREIGN EXCHANGE RESERVES (MN US$)

END PERIOD TOTAL LIQUID FX RESERVES
1999-00 1,973.6
2000-01 3,231.5
2001-02 6,435.6
2002-03 10,769.7
2003-04 12,389.3
2004-05 12,597.6
2005-06 13,122.4
2006-07 15,647.2
2007-08 11,398.7
2008-09 12,425.2
2009-10 15,050.1

HEALTH & NUTRITION EXPENDITURES (2000-01-2008-09) (RS.BN)

.

PUBLIC SECTOR EXPENDITURE (FEDERAL AND PROVINCIAL)

.
YEARS TOTAL HEALTH EXPENDITURES DEVELOPMENT EXPENDITURE CURRENT EXPENDITURE % CHANGE HEALTH EXPENDITURE AS % OF GDP
2003-04 32.81 8.50 24.31 13.8 0.58
2004-05 38.00 11.00 27.00 15.8 0.57
2005-06 40.00 16.00 24.00 5.3 0.51
2006-07 50.00 20.00 30.00 25 0.57
2007-08 60.00 27.22 32.67 20 0.57
2008-09 74.00 33.00 41.10 23 0.55

INSTALLED GENERATION CAPACITY (MW)

COMPANY YEAR2007-08 YEAR 2008-09
WAPDA 11,654 11,454
Hydel 6,474 6,555
Thermal 5,180 4,899
IPPs 5,760 5,954
Nuclear 462 462
KESC 1,690 1,884.0
Total 19,566 19,754

CELLULAR MOBILE REVENUES

COMPANY 2006-07 2007-08 2008-09
Mobilink 64,654 79,936 83,271
Ufone 21,867 27,455 40,060
Zong 2,897 2,585 8,274
Instaphone 472 260 24
Telenor 22,837 45,081 51,561
Warid 20,405 26,805 29,233
Total `133,132 182,122 212,423

CELLULAR MOBILE INVESTMENT

COMPANY 2006-07 2007-08 2008-09
Mobilink 590 919 270
Ufone 232 174 215
Instaphone 9 0 -
Zong 570 200 204
Telenor 762 565 374
Warid 422 480 167
Total 2,585 2,338 1,230

EDUCATION LEVELS

No Formal Education 42%
Below Matric 38%
Matric but less than Inter 11%
Inter but less than degree 5%
Degree and above 4%

MINIMUM CAPITAL REQUIREMENTS (BN RS )

DEAD LINE PREVIOUS* REVISED
31-12-2008 5.0 5.0
31-12-2009 6.0 6.0
31-12-2010 10.0 7.0
31-12-2011 15.0 8.0
31-12-2012 19.0 9.0
31-12-2013 23.0 10.0

PRODUCTION OF MAJOR CROPS (000 Tons)

YEAR COTTON
(000 BALES)
SUGARCANE RICE MAIZE WHEAT
2003-04 10048 53419 4848 1897 19500
(-1.6) (2.6) (8.3) (9.2) (1.6)
2004-05 14265 47244 5025 2797 21612
(42.0) (-11.6) (3.6) (47.4) (10.8)
2005-06 13019 44666 5547 3110 21277
(-8.7) (-5.5) (10.4) (11.2) (-1.6)
2006-07 12856 54742 5438 3088 23295
(-1.2) (22.6) (-2.0) (-0.7) (9.5)
2007-08 11655 63920 5563 3605 20959
(-9.3) (16.8) (2.3) (16.7) (-10.0)
2008-09 11819 50045 6952 4036 23421
(1.4) (-21.7) (24.9) (11.9) (11.7)

FDI IN PAKISTAN ($ MN )

YEARS FDI
2001-02 484.7
2002-03 798
2003-04 979.9
2004-05 1524
2005-06 3521
2006-07 5139.6
2007-08 5152.8
2008-09 3,721.8

REGIONAL INTEREST RATES DURING 2010 (%)

COUNTRY PREVIOUS CURRENT
Korea 3.00 2.00
Japan 0.3 0.1
Us 1.00 0.25
Taiwan 1.50 1.25
UK 1.00 0.5
India 5.00 4.75
China 5.58 5.31
Turkey 6.75 6.50
Pakistan 13.00 12.5

TREND IN POVERTY INDICATORS (%)

YEAR URBAN RURAL PAKISTAN
1998-99 20.9 34.7 30.6
2000-01 22.7 39.3 34.5
2004-05 14.9 28.1 23.9
2005-06 13.1 27.0 22.3

COUNTRY WISE FDI INFLOWS ($ MILLION)

COUNTRY 02-03 03-04 2004-05 2005-06 2006-07 2007-08 2008-09 JUL-MAR 10
USA 211.5 238.4 325.9 516.7 913.1 1,309.30 869.9 443.9
UK 219.4 64.6 181.5 244 860.1 460.2 263.4 168
U.A.E 119.7 134.6 367.5 1,424.50 661.5 589.2 178.1 136.8
Japan 14.1 15.1 45.2 57 64.4 131.2 74.3 16.7
Hong Kong 5.6 6.3 32.3 24 32.6 339.8 156.1 -56.9
Switzerland 3.1 205.3 137.5 170.6 174.7 169.3 227.3 103.8
Saudi Arabia 43.5 7.2 18.4 277.8 103.5 46.2 -92.3 -56.6
Germany 3.7 7 13.1 28.6 78.9 69.6 76.9 42.5
Korea(South) 0.2 1 1.4 1.6 1.5 1.2 2.3 1.7
Norway 0.3 146.6 31.4 252.6 25.1 274.9 101.1 0.5
China 3 14.3 0.4 1.7 712 13.7 -101.4 -10.2
Others 173.9 108.6 369.3 521.9 1,512.20 2,005.20 1,964.20 763.7
Total 798 949 1523.9 3521 5139.6 5409.8 3719.9 1553.9
Privatization Proceeds 176 198.8 363 1540.3 266.4 133.2 0 0
FDI Excluding Pvt. Proceeds 622 750.2 1,160.90 1,980.70 4,873.20 5,276.60 3,719.90 1,553.90

BALANCE OF TRADE (MILLION US $)

PERIOD EXPORTS GROWTH RATE IMPORTS GROWTH RATE BALANCE OF TRADE
2002-03 10,889 19.1 11,333 20.1 -444
2003-04 12,396 13.8 13,604 20.0 -1,208
2004-05 14,482 16.8 18,996 39.6 -4,514
2005-06 16,553 14.3 24,994 31.6 -8,441
2006-07 17,278 4.4 26,989 8.0 -9,711
2007-08 20,427 18.2 35,397 31.2 -14,970
2008-09 R 19,121 -6.4 31,747 -10.3 -12,627
2009-10 (July-Mar) 14,389 26.9 22,413 6.1 -534

PAKISTANíS RECORD IN CRICKET WORLD CUP

YEARS POSITION (ODI)
1975 First Round
1979 Semi-Finals
1983 Semi-Finals
1987 Semi-Finals
1992 Champions
1996 Quarter-Finals
1999 Runners-Up
2003 First Round
2007 First Round

20-20 WORLD CUP WINNERS

2007 India
2009 Pakistan

GDP GROWTH RATE (%)

YEAR 2001-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10
RATE (%) 3.1 4.7 7.5 9 5.8 6.8 5.8 2.4 2.5 to 3.3 (Proj)

NO, OF INSTITUTES IN PAKISTAN DURING 2008-09

REGION UNIVERSITIES PUBLIC PRIVATE
AJK 3 1 2
Balochistan 7 5 2
Islamabad 17 14 3
Northern Areas 1 1  -
NWFP 22 13 9
Punjab 36 20 16
Sindh 38 13 25
Total 124 67 57