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Economic Planning and Development in Pakistan

The document discusses the history of economic planning in Pakistan which is divided into 7 periods from 1947 to 2008. The first period from 1947-1953 focused on agriculture with the establishment of Pakistan's first planning board in 1950. The second period from 1953-1958 saw the planning board renamed as the Planning Commission which faced issues of inadequate funding and lack of coordination. The third period from 1958-1968 began with the military government of Ayub Khan initiating 5-year plans through the Planning Commission.

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Shakir Kalwar Kalwar
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56 views1 page

Economic Planning and Development in Pakistan

The document discusses the history of economic planning in Pakistan which is divided into 7 periods from 1947 to 2008. The first period from 1947-1953 focused on agriculture with the establishment of Pakistan's first planning board in 1950. The second period from 1953-1958 saw the planning board renamed as the Planning Commission which faced issues of inadequate funding and lack of coordination. The third period from 1958-1968 began with the military government of Ayub Khan initiating 5-year plans through the Planning Commission.

Uploaded by

Shakir Kalwar Kalwar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Economic Planning and Development in Pakistan History of Economic Planning in Pakistan The history of national economic planning in Pakistan

is divided in the following periods: 1. 2. 3. 4. 5. 6. 7. Period of economic coordination (1947-53) Period of planning board (1953-58) Period of Planning Commission (1958-68) Period of decline of Planning Commission (1968-77) Period of revival of Planning Commission (1978-88) Period of (1988-98) Period of restructuring of economy (1999-2008)

1 . Period of economic coordination (1947 1953): Pakistans first planning board was established in 1950 with main emphasis on agriculture. Unfortunately, that plan was not well implemented on time 2. Period of planning board (1953 1958): The planning board of Pakistan was renamed as Planning Commission in 1953. The planning commission was facing the following serious problems: Period of planning commission (1958 1968): The third period of the planning process began in October 1958 with the assumption of power by the military government of Ayub Khan. Period of decline of planning commission (1968 1977): This is the period of decline of Planning Commission as an important decision-making body coincided with the fall of Ayub Khans government. During the Yahya Khan period (1969 1971), Period of revival of planning commission (1978 1988): After taking charge of the government, the Zia-ul-Haqs regime emphasised on the needs of five-year plans The period of (1988 1999): The period of 1988 to 1999 the period of political and economic instability. During this period, four elected governments were dismissed by the President on the charges of corruption. Period of restructuring of economy (1999 2008): In October 1999, the Nawaz Sharif government was dismissed with the military coup by the Chief of Army Staff, General Pervez Musharraf

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