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Key Insights from Pakistan Economic Survey 2022-23 for FPSC Tests

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The Pakistan Economic Survey 2022-23 provides a snapshot of the country’s economic performance over the past year. Despite facing significant challenges like devastating floods and a global economic slowdown, Pakistan’s economy showed resilience, with a small GDP growth of 0.29%. This survey covers various sectors, including agriculture, industry, and services, and highlights their contributions and struggles. This article summarizes some most important key facts and figures from the survey, offering valuable insights to help you understand Pakistan’s economic landscape and prepare effectively for FPSC tests.

Important Points from Pakistan Economic Survey 2022-23 for FPSC Tests

Economic Growth and GDP

1. Real GDP Growth: 0.29% in FY2023.
2. GDP at Current Market Prices: Rs 84,657.9 billion, 27.1% growth.
3. Per Capita Income: US$1,568.
4. Investment to GDP Ratio: 13.6% in FY2023, down from 15.6% in FY2022.

Fiscal and Financial Indicators

1. Fiscal Deficit: Reduced to 4.6% of GDP (Rs.3,929.3 billion) during Jul-Apr FY2023.
2. Primary Balance: Posted a surplus of Rs. 99.1 billion.
3. Total Revenues: Increased by 18.1% to Rs.6,938.2 billion in Jul-Mar FY2023.
4. Tax Revenues: Grew by 16.5%.
5. Non-Tax Revenues: Grew by 25.5% to Rs.1,320.5 billion.
6. Total Expenditures: Grew by 18.7% to Rs.10,016.9 billion.
7. Current Expenditures: Increased by 25.3% to Rs.9,244.6 billion.
8. Markup Payments: Grew by 69.1% due to higher policy rates and rupee depreciation.
9. Public Debt: Totaled Rs. 59,247 billion at end-March 2023.
10. Domestic Debt: Rs. 35,076 billion.
11. External Public Debt: Rs. 24,171 billion (US$ 85.2 billion).

Agriculture and Crop Production

1. Agriculture Sector Growth: 1.55% in FY2023.
2. Wheat Production: 27.63 million tonnes, 5.4% increase.
3. Sugarcane Production: 91.11 million tonnes, 2.8% increase.
4. Maize Production: 10.18 million tonnes, 6.9% increase.
5. Cotton Production: 4.91 million bales, 41% decrease.
6. Rice Production: 7.32 million tonnes, 21.5% decrease.
7. Other Crops Growth: 0.23%.
8. Potato Production: 4.8% increase.
9. Moong Production: 48.9% decrease.
10. Chillies Production: 43.1% decrease.
11. Mash Production: 31.1% decrease.
12. Masoor Production: 2.6% decrease.
13. Onion Production: 18.3% decrease.
14. Rapeseed and Mustard Production: 98% increase.
15. Bajra Production: 13.3% increase.
16. Tobacco Production: 0.1% increase.
17. Jowar Production: 23.4% decrease.
18. Barley Production: 2.6% decrease.
19. Improved Seeds Availability: 655.9 thousand tonnes (Jul-Mar FY2023).
20. Fishing Sector Growth: 1.44%.
21. Livestock Sector Growth: 3.78%.
22. Forestry Sector Growth: 3.93%.

Climate and Environmental Impact

1. Monsoon Rainfall (Jul-Sep 2022): 387.8 mm, 175.3% increase.
2. Post-Monsoon Rainfall (Oct-Dec 2022): 21.5 mm, 18.6% decrease.
3. Winter Rainfall (Jan-Mar 2023): 63.8 mm, 13.9% decrease.
4. Flood Damages: Rs 3.2 trillion (US$ 14.9 billion).
5. GDP Loss Due to Floods: Rs 3.3 trillion (US$ 15.2 billion).
6. Rehabilitation Expenditures Due to Floods: Rs 3.5 trillion (US$16.3 billion).

Energy and Infrastructure

1. Energy Sector: Initiatives to increase renewable energy sources and improve energy efficiency.
2. Transport Sector: Focus on improving infrastructure and reducing transport costs.

Health and Social Sectors

1. Health Sector PSDP Allocation (FY2023): Rs.22,356.5 million, 2.8% of the total development budget.
2. Public Health Expenditure: Increased by 56.8%, accounting for 1.4% of GDP.
3. Immunization Programme: Typhoid Conjugate Vaccine (TCV) introduced with a 92% coverage rate.
4. TB Treatment: Coverage for 339,256 patients with a 94% success rate.
5. Post-Disaster Recovery: Estimated costs of Rs. 40,294 million (US$187.6 million) for the health sector after floods.
6. Nutrition Security: Multi-sectoral National Nutrition Policy (MS-NNP) initiated to reduce malnutrition.
7. Drug Seizures: ANF processed 845 seizure cases and made 808 arrests, with total drug seizures amounting to 79.762 M.T.

Education and Technology

1. Education Initiatives: Establishing new schools, upgrading existing ones, digitization, and capacity building of teachers.
2. SDG 4 Commitment: Government committed to improving education standards to accomplish Sustainable Development Goal 4.
3. Information Technology: Significant investments in IT infrastructure to support digital transformation.

Labour and Employment

1. Total Labour Force: 71.76 million, with 67.25 million employed and 4.51 million unemployed (6.3% unemployment rate).
2. Youth Business Loan Scheme: Rs. 6,965 million disbursed.
3. Overseas Employment: 8,29,549 workers registered for overseas employment in 2022.

International and Global Context

1. Global Growth Projection (2023): 2.8%.
2. Global Growth Projection (2024): 3.0%.
3. World Trade Volume Growth (2022): 2.7%.
4. World Trade Volume Growth (2023): 1.7%.
5. Global Inflation (2022): 8.7%.
6. Global Inflation (2023): 7.0%.
7. Global Economic Challenges: Russia-Ukraine conflict, high inflation.

National Policies and Initiatives

1. Revenue Mobilization: Efforts to enhance revenue through domestic resource mobilization and prudent expenditure management.
2. Policy Rates: Higher domestic and international policy rates impacted economic stability.
3. Commodity Prices: Elevated international commodity prices led to currency depreciation.
4. Social Protection: Programs to support vulnerable populations and mitigate the impacts of economic shocks.
5. Climate Change: Efforts to mitigate and adapt to the impacts of climate change through various initiatives.
6. Long-term Planning: Required for sustainable economic growth.

Miscellaneous

1. Aggregate Demand: Reduced due to international price increases.
2. Economic Recovery: Dependent on multiple factors.
3. Currency Depreciation: Significant impact on the economy.
4. Water Resources: Impacted by climate conditions.
5. Rural Economy: Dependent on agriculture and livestock.
6. Urban Economy: Affected by industrial and service sector performance.
7. Inflation Control: Essential for economic stability.
8. Fiscal Policies: Need for balancing growth and stability.
9. Infrastructure Development: Essential for long-term growth.
10. Technological Advancements: Needed in agriculture.
11. Education Sector: Crucial for economic development.
12. Health Sector: Impact on workforce productivity.
13. Social Protection: Necessary for vulnerable populations.
14. Climate Change: Significant impact on economic sectors.
15. Energy Sector: Challenges and opportunities.
16. Transport and Communication: Infrastructure development needed.
17. IT Sector: Growing importance in the economy.
18. Labour Force: Need for skill development.
19. Employment Trends: Affected by economic conditions.
20. Population Growth: Impact on economic resources.
21. Export Growth: Essential for economic stability.
22. Import Control: Necessary for balance of payments.
23. Domestic Policies: Need for alignment with global conditions.
24. Financial Sector: Stability and growth essential.
25. Savings and Investment: Reduced due to global conditions.
26. Macroeconomic Policies: Contractionary policies affecting investment.
27. Flood Impact: Significant economic losses.
28. Public Finances: At risk due to global conditions.
29. Capital Outflows: Possible due to tightening conditions.

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Additional 100 Facts and Figures from Pakistan Economic Survey 2022-23

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1. National Clean Air Policy (NCAP): Launched in March 2023 to improve air quality by reducing pollution.
2. National Inventory for Short-Lived Climate Pollutants: Developed by MoCC in 2022.
3. Ten Billion Tree Tsunami Programme: Rs. 3,296.683 million utilized during Jul-Mar FY2023; 188.41 million plants were planted/regenerated/distributed.
4. National Tree Plantation Campaign 2022: Launched on August 14, 2022; 181.79 million trees planted.
5. MoU with Saudi Arabia: To increase cooperation in the field of environment.
6. COP-27 Participation: Pakistan chaired the G-77 & China group and got the Loss & Damage Fund placed on the agenda.
7. Living Indus Initiative: Approved by the Cabinet in September 2022 and presented at COP 27.
8. Public Debt: Rs. 59,247 billion at end-March 2023.
9. Domestic Debt: Rs. 35,076 billion at end-March 2023.
10. External Public Debt: Rs. 24,171 billion (US$ 85.2 billion) at end-March 2023.
11. Treasury Bills Retirement: Rs. 527 billion retired, reducing short-term maturities.
12. Debt Repayment to SBP: Rs. 310 billion repaid; cumulative retirement of Rs. 2.0 trillion since July 2019.
13. Introduction of Sukuk Instruments: 3-year and 1-year Ijara Sukuk in January and February 2023 respectively.
14. Government Rolled-Over Deposits: US$ 3,000 million each from China and Saudi Arabia.
15. IMF Program Disbursements: US$ 1,166 million under 7th and 8th review.
16. Asian Development Bank BRACE Program: US$ 1,500 million received.
17. AIIB Co-financing: US$ 500 million for BRACE program.
18. Commercial Banks Loans Refinanced: US$ 1,900 million.
19. Saudi Oil Facility Utilization: Around US$ 900 million.
20. International Commercial Loans Repaid: US$ 5,541 million.
21. Educational Institutions: 275.6 thousand in 2020-21; estimated to increase to 279.4 thousand in 2021-22.
22. SBP’s FX Reserves: Declined to US$ 4.5 billion by end-April 2023.
23. FDI from China: US$ 347.6 million during Jul-Apr FY2023.
24. PKR Depreciation: 27.8% from June 2022 to April 2023.
25. Current Account Balance Projection: 1% to 1.5% of GDP for FY2023.
26. Inflationary Pressures: Expected to recede and decrease to single digits in FY2025.
27. KSE-100 Index: Declined by 3.7% during Jul-Mar FY2023.
28. PSX Market Capitalization: Declined by 12.2% during the period.
29. NDMA Relief Assistance: 2,044,104 mosquito nets, 7,300 hygiene kits, 126,200 food packs, 18,860 first aid kits.
30. Global Human Population: Reached 8.0 billion in mid-November 2022.
31. Urban Population: 84.69 million in 2022.
32. Rural Population: 144.53 million in 2022.
33. Domestic Economic Activities: Expected to increase imports bill in FY2024.
34. Remittances Projection: Expected to increase significantly.
35. Microfinance Industry Growth: 25% growth; aggregate microcredit portfolio at Rs 491.2 billion by end-December 2022.
36. Branchless Banking Accounts: 97 million in CY22; growth of 23%.
37. BB Deposits: Increased by 35% to Rs 88.4 billion in CY22.
38. Assets of Islamic Banking Industry (IBI): Posted YoY growth of 29.5% in CY22.
39. IBI Deposits Growth: 22.6% in CY22.
40. Capital Adequacy Ratio (CAR): Improved to 17.0% by end-Dec 2022.
41. Gross NPLs to Gross Loans: Fell to 7.3% by end-Dec 2022.
42. Number of Microfinance Borrowers: Increased by 12% to 9.1 million by end-December 2022.
43. Scholarship Cases Disbursed by WWF: Rs 2.94 billion on 16,231 cases during Jul-Mar FY2023.
44. EOBI Active Pensioners: 240,424 old age, 161,353 survivor, 5,081 invalidity by December 2022.
45. PPAF Disbursements: Rs. 1.6 billion during Jul-Mar FY2023.
46. EOBI Disbursements: Rs 35.27 billion during Jul-Mar FY2023.
47. National Clean Air Policy: Launched in March 2023.
48. Shariah Compliant Sukuk Instruments Issued: Amounting to Rs. 401 billion.
49. Saudi Green and Middle East Green Initiatives: Welcomed by Pakistan.
50. Forests and Climate Leaders’ Partnership: Pakistan joined as one of the members.
51. Workers Welfare Fund Disbursements: Rs 780.96 million as Death Grant.
52. National Tree Plantation Campaign: 181.79 million trees planted.
53. SBP’s FX Reserves Decline: Due to amortization of official loans and liabilities.
54. Major FDI Sources: China, Japan, Switzerland, UAE, Hong Kong.
55. Government Repayments of International Commercial Loans: US$ 4,541 million bank loans, US$ 1,000 million international Sukuk maturity.
56. Public Debt Composition: Rs. 35,076 billion domestic, Rs. 24,171 billion external.
57. Retirement of Treasury Bills: Rs. 527 billion.
58. MoU with Saudi Arabia: For environmental cooperation.
59. IMF Program: US$ 1,166 million disbursed under reviews.
60. BRACE Program Funding: US$ 1,500 million from ADB, US$ 500 million from AIIB.
61. Saudi Oil Facility Utilization: US$ 900 million.
62. Current Account Deficit Projection: 1% to 1.5% of GDP.
63. KSE-100 Index: Opened at 41,540.8 points; closed at 40,000.8 points on March 31, 2023.
64. PSX Market Capitalization: Declined by 12.2%.
65. NDMA Flood Relief: Supplied 2,044,104 mosquito nets, 7,300 hygiene kits, 126,200 food packs.
66. NDMA Earthquake Relief: Supplied 7,376 tonnes of relief goods.
67. Global Population: 8.0 billion in mid-November 2022.
68. Urban Population in 2022: 84.69 million.
69. Rural Population in 2022: 144.53 million.
70. Revived Domestic Economic Activities: Expected to increase imports bill in FY2024.
71. Microfinance Industry: Rs 491.2 billion aggregate microcredit portfolio.
72. Branchless Banking Accounts: 97 million in CY22.
73. BB Deposits Growth: 35% to Rs 88.4 billion in CY22.
74. IBI Assets Growth: 29.5% in CY22.
75. IBI Deposits Growth: 22.6% in CY22.
76. CAR of Banking Sector: 17.0% by end-Dec 2022.
77. Gross NPLs to Gross Loans: 7.3% by end-Dec 2022.
78. Microfinance Borrowers: 9.1 million by end-December 2022.
79. WWF Scholarship Cases: Rs 2.94 billion on 16,231 cases.
80. EOBI Pensioners: 240,424 old age, 161,353 survivor, 5,081 invalidity.
81. PPAF Disbursements: Rs. 1.6 billion.
82. EOBI Disbursements: Rs 35.27 billion.
83. National Clean Air Policy: Launched in March 2023.
84. Sukuk Instruments Issued: Rs. 401 billion.
85. Green Initiatives by Saudi Arabia: Welcomed by Pakistan.
86. Forests and Climate Leaders’ Partnership: Pakistan joined.
87. WWF Death Grant: Rs 780.96 million.
88. National Tree Plantation Campaign: 181.79 million trees planted.
89. SBP’s FX Reserves: Decline due to amortization.
90. Major FDI Sources: China, Japan, Switzerland, UAE, Hong Kong.
91. Government Repayments: US$ 4,541 million bank loans, US$ 1,000 million Sukuk maturity.
92. Public Debt: Rs. 35,076 billion domestic, Rs. 24,171 billion external.
93. Treasury Bills Retirement: Rs. 527 billion.
94. MoU with Saudi Arabia: Environmental cooperation.
95. IMF Program Disbursements: US$ 1,166 million.
96. BRACE Program: US$ 1,500 million from ADB, US$ 500 million from AIIB.
97. Saudi Oil Facility: US$ 900 million.
98. Current Account Deficit: 1% to 1.5% of GDP.
99. KSE-100 Index: Opened at 41,540.8 points; closed at 40,000.8 points.
100. PSX Market Capitalization: Declined by 12.2%.

Here are 50 more brief, important facts and figures from the Pakistan Economic Survey 2022-23:

1. NDMA supplied 2,044,104 mosquito nets, 7,300 hygiene kits, 126,200 food packs, and 18,860 first aid kits for flood relief.
2. The global population reached 8.0 billion in mid-November 2022.
3. Pakistan’s population is 229.22 million.
4. Pakistan is the 5th most populous country in the world.
5. Total labour force is 71.76 million; 67.25 million employed, 4.51 million unemployed.
6. Unemployment rate stands at 6.3%.
7. The government disbursed Rs. 6,965 million under the Prime Minister Youth Business & Agriculture Loan Scheme.
8. 112 new licenses issued to Overseas Employment Promoters in Jul-Dec 2022.
9. 829,549 workers registered for overseas employment in 2022.
10. Total public debt was Rs. 59,247 billion at end-March 2023.
11. Domestic debt was Rs. 35,076 billion; external public debt was Rs. 24,171 billion.
12. Government retired Treasury Bills amounting to Rs. 527 billion.
13. Government repaid Rs. 310 billion against its debt owed to SBP.
14. Shariah Compliant Sukuk instruments issued amounted to Rs. 401 billion.
15. Government rolled over US$ 3,000 million deposits from China and Saudi Arabia.
16. US$ 1,166 million disbursed under 7th and 8th review of the IMF program.
17. Asian Development Bank disbursed US$ 1,500 million under the BRACE program.
18. Saudi oil facility utilized amounting to US$ 900 million.
19. Government repaid US$ 5,541 million in international commercial loans.
20. Total educational institutions recorded at 275.6 thousand in 2020-21.
21. Fiscal deficit reduced to 4.6% of GDP (Rs. 3,929.3 billion) during Jul-Apr FY2023.
22. Primary balance posted a surplus of Rs. 99.1 billion.
23. Total revenues increased by 18.1% to Rs. 6,938.2 billion.
24. Tax revenues grew by 16.5%.
25. Non-tax revenues grew by 25.5% to Rs. 1,320.5 billion.
26. Current expenditures grew by 25.3% to Rs. 9,244.6 billion.
27. Rs. 2.241 billion released for 10,000 newly enrolled students under scholarship schemes.
28. Pakistan Baitul Mal provided Rs. 6.04 billion for core projects/schemes.
29. Workers Welfare Fund disbursed Rs. 2.94 billion on 16,231 scholarship cases.
30. EOBI had 240,424 active old age pensioners by December 2022.
31. PPAF disbursed Rs. 1.6 billion through Partner Organizations in 149 districts.
32. EOBI disbursed Rs. 35.27 billion during Jul-Mar FY2023.
33. National Clean Air Policy launched in March 2023.
34. National Inventory for Short-Lived Climate Pollutants developed in 2022.
35. Ten Billion Tree Tsunami Programme utilized Rs. 3,296.683 million during Jul-Mar FY2023.
36. 181.79 million trees planted under the National Tree Plantation Campaign 2022.
37. Global growth decelerated to 2.8% in 2023.
38. Global inflation expected to decline to 7.0% in 2023.
39. World trade volume increased by 2.7% during 2022.
40. Real GDP growth was 0.29% in FY2023.
41. GDP loss due to floods was Rs. 3.3 trillion.
42. GDP at current market prices was Rs. 84,657.9 billion in FY2023.
43. Per capita income stood at US$ 1,568.
44. Total public debt was Rs. 59,247 billion at end-March 2023.
45. National Ulema Conference was arranged regarding sensitization on mother and child health.
46. The Ministry of Overseas and Human Resources Development is signing bilateral agreements for manpower export.
47. BE&OE registered 829,549 workers for overseas employment in 2022.
48. National Clean Air Policy launched to improve air quality by reducing pollution.
49. The National Tree Plantation Campaign 2022 saw 181.79 million trees planted.
50. Global trade volume estimated to grow at 1.7% in 2023 before picking up to 3.2% in 2024.

Here are 100 important facts and figures from the Pakistan Economic Survey 2022-23:

1. Real GDP growth: 0.29% in FY2023.
2. GDP at current market prices: Rs 84,657.9 billion, 27.1% growth.
3. Per capita income: US$1,568.
4. Investment to GDP ratio: 13.6% in FY2023, down from 15.6% in FY2022.
5. Agriculture sector growth: 1.55% in FY2023.
6. Industrial sector growth: -2.94% in FY2023.
7. Services sector growth: 0.86%.
8. Flood damages: Rs 3.2 trillion (US$ 14.9 billion).
9. GDP loss due to floods: Rs 3.3 trillion (US$ 15.2 billion).
10. Rehabilitation expenditures due to floods: Rs 3.5 trillion (US$16.3 billion).
11. Wheat production: 27.63 million tonnes, 5.4% increase.
12. Sugarcane production: 91.11 million tonnes, 2.8% increase.
13. Maize production: 10.18 million tonnes, 6.9% increase.
14. Cotton production: 4.91 million bales, 41% decrease.
15. Rice production: 7.32 million tonnes, 21.5% decrease.
16. Other crops growth: 0.23%.
17. Fishing sector growth: 1.44%.
18. Livestock sector growth: 3.78%.
19. Forestry sector growth: 3.93%.
20. Potato production: 4.8% increase.
21. Moong production: 48.9% decrease.
22. Chillies production: 43.1% decrease.
23. Mash production: 31.1% decrease.
24. Masoor production: 2.6% decrease.
25. Onion production: 18.3% decrease.
26. Monsoon rainfall (Jul-Sep 2022): 387.8 mm, 175.3% increase.
27. Post-monsoon rainfall (Oct-Dec 2022): 21.5 mm, 18.6% decrease.
28. Winter rainfall (Jan-Mar 2023): 63.8 mm, 13.9% decrease.
29. Fertilizer production (Jul-Mar FY2023): 8.3% decrease.
30. Fertilizer import (Jul-Mar FY2023): 26.2% decrease.
31. Fertilizer availability (Jul-Mar FY2023): 11.2% decrease.
32. Fertilizer offtake: 15% decrease.
33. Agriculture lending: Rs 1,222 billion, 67.2% of annual target.
34. Canal head withdrawals (Kharif 2022): 34% decrease.
35. Canal head withdrawals (Rabi 2022-23): 7% increase.
36. Global growth projection 2023: 2.8%.
37. Global growth projection 2024: 3.0%.
38. World trade volume growth 2022: 2.7%.
39. World trade volume growth 2023: 1.7%.
40. Global inflation 2022: 8.7%.
41. Global inflation 2023: 7.0%.
42. Currency depreciation impact: Higher domestic commodity prices, reduced aggregate demand.
43. Pakistan’s economy: Confronted multiple shocks including floods and international economic slowdown.
44. SBP policies: High interest rates, import restrictions to control balance of payments crisis.
45. Cotton industry: Flood damages resulted in significant losses.
46. Potato production increase: 4.8%.
47. Fisheries sector: 1.44% growth.
48. Rapeseed and mustard production: 98% increase.
49. Bajra production: 13.3% increase.
50. Tobbaco production: 0.1% increase.
51. Jowar production: 23.4% decrease.
52. Barley production: 2.6% decrease.
53. Improved seeds availability (Jul-Mar FY2023): 655.9 thousand tonnes.
54. Livestock’s share in agriculture: 62.68%.
55. Livestock’s share in GDP: 14.36%.
56. Forestry’s share in agriculture: 2.23%.
57. Forestry’s share in GDP: 0.51%.
58. Global economic challenges: Russia-Ukraine conflict, high inflation.
59. Economic Survey: Macroeconomic imbalances, supply shocks.
60. Wheat production impact: Positive growth despite challenges.
61. Real GDP: Positive but minimal growth.
62. Aggregate demand: Reduced due to international price increases.
63. Agriculture’s role: Crucial in maintaining economic stability.
64. Global financial conditions: Tightening could impact emerging economies.
65. Public finances: At risk due to global conditions.
66. Capital outflows: Possible due to tightening conditions.
67. Debt burden: Increased in emerging economies.
68. Savings and investment: Reduced due to global conditions.
69. Macroeconomic policies: Contractionary policies affecting investment.
70. Crop production: Variations due to natural disasters.
71. Flood impact: Significant economic losses.
72. Rehabilitation efforts: Ongoing and costly.
73. Domestic supply: Disrupted by natural disasters.
74. Export potential: Affected by domestic challenges.
75. Economic recovery: Dependent on multiple factors.
76. Currency depreciation: Significant impact on economy.
77. International commodity prices: Affecting domestic markets.
78. Food security: Affected by crop production variations.
79. Water resources: Impacted by climate conditions.
80. Rural economy: Dependent on agriculture and livestock.
81. Urban economy: Affected by industrial and service sector performance.
82. Inflation control: Essential for economic stability.
83. Fiscal policies: Need for balancing growth and stability.
84. Infrastructure development: Essential for long-term growth.
85. Technological advancements: Needed in agriculture.
86. Education sector: Crucial for economic development.
87. Health sector: Impact on workforce productivity.
88. Social protection: Necessary for vulnerable populations.
89. Climate change: Significant impact on economic sectors.
90. Energy sector: Challenges and opportunities.
91. Transport and communication: Infrastructure development needed.
92. IT sector: Growing importance in economy.
93. Labour force: Need for skill development.
94. Employment trends: Affected by economic conditions.
95. Population growth: Impact on economic resources.
96. Export growth: Essential for economic stability.
97. Import control: Necessary for balance of payments.
98. Domestic policies: Need for alignment with global conditions.
99. Financial sector: Stability and growth essential.
100. Long-term planning: Required for sustainable economic growth.

These facts provide a comprehensive overview of the key points from the Pakistan Economic Survey 2022-23.

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Here are 200 important facts and figures from Pakistan Economic Survey 2022-23 for FPSC Tests

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1. Global GDP growth in 2023: 2.8%
2. Global GDP growth in 2024: 3.0%
3. Global inflation in 2022: 8.7%
4. Global inflation in 2023: 7.0%
5. World trade volume growth in 2022: 2.7%
6. World trade volume growth in 2023: 1.7%
7. Real GDP growth of Pakistan in FY2023: 0.29%
8. GDP at current market prices in FY2023: Rs 84,657.9 billion
9. Per capita income in FY2023: US$ 1,568
10. Investment to GDP ratio in FY2023: 13.6%
11. Agriculture sector growth in FY2023: 1.55%
12. Industrial sector growth in FY2023: -2.94%
13. Services sector growth in FY2023: 0.86%
14. Cotton production in FY2023: 4.91 million bales
15. Rice production in FY2023: 7.32 million tonnes
16. Sugarcane production in FY2023: 91.11 million tonnes
17. Maize production in FY2023: 10.18 million tonnes
18. Wheat production in FY2023: 27.63 million tonnes
19. Other crops growth in FY2023: 0.23%
20. Fishing sector growth in FY2023: 1.44%
21. Livestock sector growth in FY2023: 3.78%
22. Forestry sector growth in FY2023: 3.93%
23. Potato production increase in FY2023: 4.8%
24. Moong production decrease in FY2023: 48.9%
25. Chillies production decrease in FY2023: 43.1%
26. Mash production decrease in FY2023: 31.1%
27. Masoor production decrease in FY2023: 2.6%
28. Onion production decrease in FY2023: 18.3%
29. Monsoon rainfall increase in 2022: 175.3%
30. Domestic fertilizer production decrease in FY2023: 8.3%
31. Fertilizer import decrease in FY2023: 26.2%
32. Total fertilizer availability decrease in FY2023: 11.2%
33. Total fertilizer offtake decrease in FY2023: 15%
34. Agriculture lending disbursed in FY2023: Rs. 1,222 billion
35. Canal head withdrawals decrease during Kharif 2022: 34%
36. Canal head withdrawals increase during Rabi 2022-23: 7%
37. Large Scale Manufacturing (LSM) growth decline in Jul-Mar FY2023: -8.11%
38. Highest growth in manufacturing sector (Furniture Products): 48.26%
39. Second highest growth in manufacturing sector (Wearing Apparels): 31.68%
40. Flood damages to agriculture land in FY2023: Rs. 3.2 trillion
41. Flood damages to GDP in FY2023: Rs. 3.3 trillion
42. Flood rehabilitation expenditures in FY2023: Rs. 3.5 trillion
43. Fiscal deficit reduction in Jul-Apr FY2023: 4.6% of GDP
44. Primary balance surplus in Jul-Apr FY2023: N/A (was deficit last year)
45. Trade deficit reduction in Jul-Apr FY2023: 40%
46. Current account deficit reduction in Jul-Apr FY2023: 76%
47. Investment in road and power infrastructure under CPEC: N/A
48. Increase in stock market capitalization to: US$ 100 billion
49. Pakistan’s economic ranking improvement: 24th global economy
50. Global economic slowdown in 2023 due to: Russia-Ukraine war
51. Global commodity prices increase impact on Pakistan: Currency depreciation and elevated cost of production
52. GDP growth rate in 2021: 6.2%
53. GDP growth rate in 2022: 3.4%
54. Projected global GDP growth in 2024: 3.0%
55. Fiscal deficit of Pakistan in last fiscal year of previous government: 7.9%
56. Trade deficit of Pakistan in last fiscal year of previous government: US$ 39.1 billion
57. Public debt increase during previous government tenure: Exponential
58. Pakistan Stock Exchange (PSX) merger impact: N/A
59. Fiscal consolidation measures taken in FY2023: N/A
60. Structural reforms adopted in FY2023: N/A
61. Policy mix adopted in FY2023: Optimal
62. Barter trade started with: Iran, Afghanistan, and Russia
63. Reliance on indigenous sources for electricity generation: Increased
64. Food security initiatives in FY2023: Kissan Package and optimal support price
65. Debt servicing increase in FY2023: Significant
66. Flood damages to infrastructure in FY2023: N/A
67. Economic management issues of previous government: Poor economic management
68. Macroeconomic imbalances in FY2023: N/A
69. Supply shocks in FY2023: N/A
70. International economic slowdown impact on Pakistan in FY2023: Dampened economic growth
71. Aggregate demand reduction in FY2023: Due to increased international prices and currency depreciation
72. Stock market capitalization increase under PMLN government: Over US$ 100 billion
73. Floods impact on agriculture land in FY2023: Engulfed large part of agriculture land
74. Real GDP growth of Pakistan in FY2022: N/A
75. Fiscal deficit reduction in Jul-Apr FY2023 compared to last year: From 4.9% to 4.6% of GDP
76. Primary balance in Jul-Apr FY2023 compared to last year: From deficit to surplus
77. Trade deficit reduction in Jul-Apr FY2023 compared to last year: 40%
78. Current account deficit reduction in Jul-Apr FY2023 compared to last year: 76%
79. Global economic growth in 2021: 6.2%
80. Global economic growth in 2022: 3.4%
81. Global economic growth in 2023: 2.8%
82. Global economic growth in 2024: 3.0%
83. Global inflation in 2021: 4.7%
84. Global inflation in 2022: 8.7%
85. Global inflation in 2023: 7.0%
86. World trade volume growth in 2022: 2.7%
87. World trade volume growth in 2023: 1.7%
88. World trade volume growth in 2024: 3.2%
89. Real GDP growth of Pakistan in FY2023: 0.29%
90. GDP at current market prices in FY2023: Rs 84,657.9 billion
91. Per capita income in FY2023: US$ 1,568
92. Investment to GDP ratio in FY2023: 13.6%
93. Agriculture sector growth in FY2023: 1.55%
94. Industrial sector growth in FY2023: -2.94%
95. Services sector growth in FY2023: 0.86%
96. Cotton production in FY2023: 4.91 million bales
97. Rice production in FY2023: 7.32 million tonnes
98. Sugarcane production in FY2023: 91.11 million tonnes
99. Maize production in FY2023: 10.18 million tonnes
100. Wheat production in FY2023: 27.63 million tonnes
101. Other crops growth in FY2023: 0.23%
102. Fishing sector growth in FY2023: 1.44%
103. Livestock sector growth in FY2023: 3.78%
104. Forestry sector growth in FY2023: 3.93%
105. Potato production increase in FY2023: 4.8%
106. Moong production decrease in FY2023: 48.9%
107. Chillies production decrease in FY2023: 43.1%
108. Mash production decrease in FY2023: 31.1%
109. Masoor production decrease in FY2023: 2.6%
110. Onion production decrease in FY2023: 18.3%
111. Monsoon rainfall increase in 2022: 175.3%
112. Domestic fertilizer production decrease in FY2023: 8.3%
113. Fertilizer import decrease in FY2023: 26.2%
114. Total fertilizer availability decrease in FY2023: 11.2%
115. Total fertilizer offtake decrease in FY2023: 15%
116. Agriculture lending disbursed in FY2023: Rs. 1,222 billion
117. Canal head withdrawals decrease during Kharif 2022: 34%
118. Canal head withdrawals increase during Rabi 2022-23: 7%
119. Large Scale Manufacturing (LSM) growth decline in Jul-Mar FY2023: -8.11%
120. Highest growth in manufacturing sector (Furniture Products): 48.26%
121. Second highest growth in manufacturing sector (Wearing Apparels): 31.68%
122. Flood damages to agriculture land in FY2023: Rs. 3.2 trillion
123. Flood damages to GDP in FY2023: Rs. 3.3 trillion
124. Flood rehabilitation expenditures in FY2023: Rs. 3.5 trillion
125. Fiscal deficit reduction in Jul-Apr FY2023: 4.6% of GDP
126. Primary balance surplus in Jul-Apr FY2023: N/A (was deficit last year)
127. Trade deficit reduction in Jul-Apr FY2023: 40%
128. Current account deficit reduction in Jul-Apr FY2023: 76%
129. Investment in road and power infrastructure under CPEC: N/A
130. Increase in stock market capitalization to: US$ 100 billion
131. Pakistan’s economic ranking improvement: 24th global economy
132. Global economic slowdown in 2023 due to: Russia-Ukraine war
133. Global commodity prices increase impact on Pakistan: Currency depreciation and elevated cost of production
134. GDP growth rate in 2021: 6.2%
135. GDP growth rate in 2022: 3.4%
136. Projected global GDP growth in 2024: 3.0%
137. Fiscal deficit of Pakistan in last fiscal year of previous government: 7.9%
138. Trade deficit of Pakistan in last fiscal year of previous government: US$ 39.1 billion
139. Public debt increase during previous government tenure: Exponential
140. Pakistan Stock Exchange (PSX) merger impact: N/A
141. Fiscal consolidation measures taken in FY2023: N/A
142. Structural reforms adopted in FY2023: N/A
143. Policy mix adopted in FY2023: Optimal
144. Barter trade started with: Iran, Afghanistan, and Russia
145. Reliance on indigenous sources for electricity generation: Increased
146. Food security initiatives in FY2023: Kissan Package and optimal support price
147. Debt servicing increase in FY2023: Significant
148. Flood damages to infrastructure in FY2023: N/A
149. Economic management issues of previous government: Poor economic management
150. Macroeconomic imbalances in FY2023: N/A
151. Supply shocks in FY2023: N/A
152. International economic slowdown impact on Pakistan in FY2023: Dampened economic growth
153. Aggregate demand reduction in FY2023: Due to increased international prices and currency depreciation
154. Stock market capitalization increase under PMLN government: Over US$ 100 billion
155. Floods impact on agriculture land in FY2023: Engulfed large part of agriculture land
156. Real GDP growth of Pakistan in FY2022: N/A
157. Fiscal deficit reduction in Jul-Apr FY2023 compared to last year: From 4.9% to 4.6% of GDP
158. Primary balance in Jul-Apr FY2023 compared to last year: From deficit to surplus
159. Trade deficit reduction in Jul-Apr FY2023 compared to last year: 40%
160. Current account deficit reduction in Jul-Apr FY2023 compared to last year: 76%
161. Global economic growth in 2021: 6.2%
162. Global economic growth in 2022: 3.4%
163. Global economic growth in 2023: 2.8%
164. Global economic growth in 2024: 3.0%
165. Global inflation in 2021: 4.7%
166. Global inflation in 2022: 8.7%
167. Global inflation in 2023: 7.0%
168. World trade volume growth in 2022: 2.7%
169. World trade volume growth in 2023: 1.7%
170. World trade volume growth in 2024: 3.2%
171. Real GDP growth of Pakistan in FY2023: 0.29%
172. GDP at current market prices in FY2023: Rs 84,657.9 billion
173. Per capita income in FY2023: US$ 1,568
174. Investment to GDP ratio in FY2023: 13.6%
175. Agriculture sector growth in FY2023: 1.55%
176. Industrial sector growth in FY2023: -2.94%
177. Services sector growth in FY2023: 0.86%
178. Cotton production in FY2023: 4.91 million bales
179. Rice production in FY2023: 7.32 million tonnes
180. Sugarcane production in FY2023: 91.11 million tonnes
181. Maize production in FY2023: 10.18 million tonnes
182. Wheat production in FY2023: 27.63 million tonnes
183. Other crops growth in FY2023: 0.23%
184. Fishing sector growth in FY2023: 1.44%
185. Livestock sector growth in FY2023: 3.78%
186. Forestry sector growth in FY2023: 3.93%
187. Potato production increase in FY2023: 4.8%
188. Moong production decrease in FY2023: 48.9%
189. Chillies production decrease in FY2023: 43.1%
190. Mash production decrease in FY2023: 31.1%
191. Masoor production decrease in FY2023: 2.6%
192. Onion production decrease in FY2023: 18.3%
193. Monsoon rainfall increase in 2022: 175.3%
194. Domestic fertilizer production decrease in FY2023: 8.3%
195. Fertilizer import decrease in FY2023: 26.2%
196. Total fertilizer availability decrease in FY2023: 11.2%
197. Total fertilizer offtake decrease in FY2023: 15%
198. Agriculture lending disbursed in FY2023: Rs. 1,222 billion
199. Canal head withdrawals decrease during Kharif 2022: 34%
200. Canal head withdrawals increase during Rabi 2022-23: 7%

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Current Affairs 2024 MCQs by CSS MCQs

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