Economy Related Facts Flashcards
Brain drain
In 2022, 800,000 left Pakistan for employment overseas, which is less than the pre-pandemic figure of 946,571 in 2015
Employment opportunities
The Labour Force Survey [LFS] 2021 shows that female labour force participation stands at a depressing 21.4pc; of this, around 94pc women are employed in the informal sector. Owing to cultural norms, female workforce participation goes down as household unpaid care responsibilities mount. Using the Pakistan Social And Living Standards Measurement Survey 2014-15,
Export to Delhi
Delhi’s exports to Islamabad rose 72% from a year earlier to $205 million in the fiscal first quarter, led by sugar, organic compounds and pharma. In comparison, India exported just $513 millions of goods during the previous fiscal year
National debt and fiscal deficit
Around $34 billion is needed this fiscal year to shore up the current account deficit and make debt repayments. And, reserves have plummeted to $7.8bn.