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Global Economic Crisis and Poverty in Pakistan

  1. Vaqar Ahmed  Is a corresponding author
  2. Cathal O’Donoghue  Is a corresponding author
  1. Planning Commission of Pakistan
  2. Rural Economy Research Centre (RERC), Ireland
Research note
Cite this article as: V. Ahmed, C. O’Donoghue; 2010; Global Economic Crisis and Poverty in Pakistan; International Journal of Microsimulation; 3(1); 127-129. doi: 10.34196/ijm.00033
3 tables

Tables

Table 1
Pakistan – macroeconomic situation 2001–2009.
Indicators 2001 2005 2006 2007 2009*
GDP growth (%) 2.0 9.0 5.8 6.8 2.0
Exports (US $ billion) 9.2 14.4 16.4 16.9 17.8
Imports (US $ billion) 10.7 20.6 28.6 30.5 34.8
FDI (US $ billion)   1.5 3.5 5.1 3.7
Remittances (US $ billion)   4.2 4.6 5.5 7.8
External debt and liabilities (US $ billion)   35.4 37.2 40.3 52.8
Poverty headcount ratio 34.5 23.9 22.3   35 – 40
Poverty related expenditure (US $ billion)   5.3 6.3 7.0 3.8
Exchange Rate 58.4 59.4 59.9 60.6 78.0
  1. Source: Economic Survey of Pakistan, State Bank of Pakistan - Annual Reports 2001–2009.

  2. *

    Provisional estimates.

Table 2
Decline in external resource inflow (foreign savings).
Variables Percentage Change
Real Investment −1.2
Government Revenue 0.9
Wages  
 Unskilled_farm 3.6
 Unskilled_non farm 0.0
 Skilled −2.8
Self employment 0.2
Returns to Land 3.9
Exports  
 Cotton yarn 0.8
 Textile 5.0
Consumer Prices  
 Food 3.4
 Fuel 1.9
Poverty  
 FGT 1 3.6
 FGT 2 1.5
 FGT 3 0.9
Consumption (food) −1.3
Table 3
Change in food consumption (quantity).
Product Percentage change
Milk products 0.2
Meat & fish −0.5
Fruits −1.6
Vegetables −1.7
Sugar products −0.4
Beverages −1.5
Cereals 1.3
Pulses 1.2
Oil & fats −1.4
Tea −1.5

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