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Five-Year Plans of Pakistan, the Glossary

The Five-Year Plans for the National Economy of Pakistan (اقتصادی منصوبہ جاتِ پنج سالہ ، پاکستان) (otherwise publicly known as Five-Year Economic Plans for the National Economy), were the series of nationwide centralised economic plans and targets as part of the economic development initiatives, in the Pakistan.^[1]

58 relations: Agriculture in Pakistan, Aid, Awami League, Ayub Khan, Balance of payments, British Raj, Central Superior Services, Collective farming, Cost-of-production theory of value, Currency war, Devaluation, East Pakistan, Economic Coordination Committee (Pakistan), Economic planning, Education in Pakistan, Financial sector development, Five-year plans of the Soviet Union, Foreign trade of Pakistan, Gross national income, Heavy industry, Huseyn Shaheed Suhrawardy, India, India–Pakistan relations, Indo-Pakistani war of 1965, Industry of Pakistan, Kashmir, Khawaja Nazimuddin, Korean War, Liaquat Ali Khan, Malik Ghulam Muhammad, Medium Term Development Framework, Minister of Finance (Pakistan), Ministry of Defence Production (Pakistan), Ministry of Finance (Pakistan), Mohammad Ali Bogra, Muhammad Zia-ul-Haq, Nationalisation in Pakistan, Pakistan, Pakistan Railways, Pakistan–United States relations, Pakistani rupee, Parliament of Pakistan, Partition of India, Planned economy, Pound sterling, President of Pakistan, Prime Minister of Pakistan, Private sector, Science and technology in Pakistan, Shaukat Aziz, ... Expand index (8 more) »
Economic history of Pakistan
Economic planning in Pakistan
Five-year plans

Agriculture in Pakistan

Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops.

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Aid

In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another.

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Awami League

The Bangladesh Awami League (বাংলাদেশ আওয়ামী লীগ), often simply called the Awami League, is one of the major political parties in Bangladesh.

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Ayub Khan

Muhammad Ayub Khan (14 May 190719 April 1974), better known as Ayub Khan, was a Pakistani military officer who served as the second president of Pakistan from 1958 to 1969.

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Balance of payments

In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.

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British Raj

The British Raj (from Hindustani, 'reign', 'rule' or 'government') was the rule of the British Crown on the Indian subcontinent,.

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Central Superior Services

The Central Superior Services (CSS; or Civil Service) is a permanent elite civil service authority and the civil service that is responsible for running the bureaucratic operations and government secretariats and directorates of the Cabinet of Pakistan.

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Collective farming

Collective farming and communal farming are various types of "agricultural production in which multiple farmers run their holdings as a joint enterprise".

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Cost-of-production theory of value

In economics, the cost-of-production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it.

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Currency war

Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.

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Devaluation

In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.

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East Pakistan

East Pakistan was the eastern province of Pakistan between 1955 and 1971, covering the territory of the modern country Bangladesh.

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Economic Coordination Committee (Pakistan)

The Economic Coordination Committee (reporting name:ECC), (اقتصادی رابطہ کمیٹی) is a principle federal institution and a consultative forum used by the people-elected Prime Minister of Pakistan as its chairman, for concerning matters of state's economic security, geoeconomic, political economic and financial endowment issues. Five-Year Plans of Pakistan and economic Coordination Committee (Pakistan) are economic planning in Pakistan.

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Economic planning

Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution.

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Education in Pakistan

Education in Pakistan is overseen by the Federal Ministry of Education and the provincial governments, while the federal government mostly assists in curriculum development, accreditation and the financing of research and development.

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Financial sector development

Financial sector development in developing countries and emerging markets is part of the private sector development strategy to stimulate economic growth and reduce poverty.

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Five-year plans of the Soviet Union

The five-year plans for the development of the national economy of the Union of Soviet Socialist Republics (USSR) (Пятилетние планы развития народного хозяйства СССР, Pyatiletniye plany razvitiya narodnogo khozyaystva SSSR) consisted of a series of nationwide centralized economic plans in the Soviet Union, beginning in the late 1920s. Five-Year Plans of Pakistan and five-year plans of the Soviet Union are five-year plans.

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Foreign trade of Pakistan

Pakistan has bilateral and multilateral trade agreements with many nations and international organizations.

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Gross national income

The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign financial output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.

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Heavy industry

Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes.

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Huseyn Shaheed Suhrawardy

Huseyn Shaheed Suhrawardy (হোসেন শহীদ সোহ্‌রাওয়ার্দী; حسین شہید سہروردی; 8 September 18925 December 1963) was a Pakistani Bengali barrister and politician.

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India

India, officially the Republic of India (ISO), is a country in South Asia.

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India–Pakistan relations

India–Pakistan relations are the bilateral ties between the Republic of India and the Islamic Republic of Pakistan.

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Indo-Pakistani war of 1965

The Indo-Pakistani war of 1965, also known as the second India–Pakistan war, was an armed conflict between Pakistan and India that took place from August 1965 to September 1965.

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Industry of Pakistan

Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP.

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Kashmir

Kashmir is the northernmost geographical region of the Indian subcontinent.

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Khawaja Nazimuddin

Sir Khawaja Nazimuddin (খাজা নাজিমুদ্দীন; خواجہ ناظِمُ الدّین; 19 July 1894 – 22 October 1964) was a Pakistani politician and statesman who served as the second governor-general of Pakistan from 1948 to 1951, and later as the second prime minister of Pakistan from 1951 to 1953.

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Korean War

The Korean War was fought between North Korea and South Korea; it began on 25 June 1950 when North Korea invaded South Korea and ceased upon an armistice on 27 July 1953.

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Liaquat Ali Khan

Liaquat Ali Khan (1 October 189516 October 1951) was a Pakistani lawyer, politician and statesman who served as the first prime minister of Pakistan from 1947 until his assassination in 1951.

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Malik Ghulam Muhammad

Sir Malik Ghulam Muhammad (20 April 1895 – 29 August 1956) was a Pakistani politician and economist who served as the third governor-general of Pakistan from 1951 to 1955.

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Medium Term Development Framework

The Medium Term Development Framework (قالبِ وسط مدّتی برائے ترقیات) (denoted as MTDF), is a policy measure programme of the Government of Pakistan drafted by the Ministry of Finance, Economic Coordination Committee and the Planning Commission of Pakistan, formulated to strengthen the national economy and civil infrastructure. Five-Year Plans of Pakistan and Medium Term Development Framework are economic history of Pakistan and economic planning in Pakistan.

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Minister of Finance (Pakistan)

The Minister of Finance of Pakistan (Urdu: 'Wazīr-ē-Khazana') is a leading cabinet member who heads the Ministry of Finance in the Government of Pakistan.

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Ministry of Defence Production (Pakistan)

The Ministry of Defence Production (وزارت دفاعی پيداوار; ''Trans.'': Wazarat-e-Defai Padawar) abbreviated as MoDP, is an executive ministry of the federal Government of Pakistan with objectives of development and production of ordnance and machinery for the Pakistan Armed Forces.

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Ministry of Finance (Pakistan)

The Ministry of Finance is a Cabinet-level ministry of the Government of Pakistan in charge of government finance, physical policy and financial regulation.

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Mohammad Ali Bogra

Syed Mohammad Ali Chowdhury Bogra (19 October 1909 – 23 January 1963) was a Pakistani Bengali politician, statesman, and a diplomat who served as third prime minister of Pakistan from 1953 to 1955.

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Muhammad Zia-ul-Haq

Muhammad Zia-ul-Haq (12 August 192417 August 1988) was a Pakistani military officer who served as the sixth president of Pakistan from 1978 until his death.

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Nationalisation in Pakistan

The nationalisation process in Pakistan (or historically simply regarded as the "Nationalisation in Pakistan") was a policy measure programme in the economic history of Pakistan that negatively impacted the country's industrialization and undermined the trust of businessmen and investors. Five-Year Plans of Pakistan and nationalisation in Pakistan are economic history of Pakistan.

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Pakistan

Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia.

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Pakistan Railways

Pakistan Railways (پاکستان ریلویز) is the national, state-owned railway company of Pakistan with its headquarters in Lahore.

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Pakistan–United States relations

Pakistan and the United States established relations on 15 August 1947, a day after the independence of Pakistan, when the United States became one of the first nations to recognize the country.

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Pakistani rupee

The Pakistani rupee (ISO code: PKR) is the official currency in the Islamic Republic of Pakistan.

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Parliament of Pakistan

The Parliament of Pakistan (مجلسِ شوریٰ پاکستان,, "Pakistan Advisory Council" or "Pakistan Consultative Assembly") is the supreme legislative body of the Islamic Republic of Pakistan.

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Partition of India

The Partition of India in 1947 was the change of political borders and the division of other assets that accompanied the dissolution of the British Raj in the Indian subcontinent and the creation of two independent dominions in South Asia: India and Pakistan.

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Planned economy

A planned economy is a type of economic system where the distribution of goods and services or the investment, production and the allocation of capital goods takes place according to economic plans that are either economy-wide or limited to a category of goods and services.

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Pound sterling

Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories.

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President of Pakistan

The President of Pakistan (صدرِ پاکستان|translit.

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Prime Minister of Pakistan

The prime minister of Pakistan (وزِیرِ اعظمپاکستان, romanized: Wazīr ē Aʿẓam) is the head of government of the Islamic Republic of Pakistan.

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Private sector

The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government.

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Science and technology in Pakistan

Science and technology is a growing field in Pakistan and has played an important role in the country's development since its founding.

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Shaukat Aziz

Shaukat Aziz (شوکت عزیز; born 6 March 1949) is a Pakistani former banker and financier who served as 17th prime minister of Pakistan from 28 August 2004 to 15 November 2007, as well as the finance minister of Pakistan from 6 November 1999 to 15 November 2007.

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Soviet–Afghan War

The Soviet–Afghan War was a protracted armed conflict fought in the Soviet-controlled Democratic Republic of Afghanistan (DRA) from 1979 to 1989. The war was a major conflict of the Cold War as it saw extensive fighting between Soviet Union, the DRA and allied paramilitary groups against the Afghan mujahideen and their allied foreign fighters.

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State Bank of Pakistan

The State Bank of Pakistan (SBP) (اسٹیٹ بینک پاکستان.) is the central bank of Pakistan.

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The Trade Development Authority of Pakistan (TDAP) (مقتدرہ ترقی تجارت پاکستان), is an organisation under the Ministry of Commerce and Textile Industry of the Government of Pakistan.

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References

[1] https://en.wikipedia.org/wiki/Five-Year_Plans_of_Pakistan

Also known as Fifth Five-Year Plans (Pakistan), Fourth five-year plan of Pakistan, Second Five-Year Plans (Pakistan), Sixth Five-Year Plans (Pakistan), Third Five-Year Plans (Pakistan).

, Soviet–Afghan War, State Bank of Pakistan, Trade Development Authority of Pakistan, Transport in Pakistan, Trickle-down economics, United Kingdom, West Pakistan, Zulfikar Ali Bhutto.

Five-Year Plans of Pakistan, the Glossary

Table of Contents

See also

Economic history of Pakistan

Economic planning in Pakistan

Five-year plans

References