SOURCE: VARIOUS ASIAN, EUROPEAN & AMERICAN RESEARCH
ORGANIZATIONS OF INTERNATIONAL STATURE!!!

INTERESTING. Basic comparison of 1999 and 2007

Pak Economy in 1999 was: $ 75 billion
Pak Economy in 2007 is: $ 160 billion

GDP Purchasing Power Parity (PPP) in 1999: $ 270
billion
GDP Purchasing Power Parity (PPP) in 2007: $ 475.5
billion

GDP per Capita in 1999: $ 2,000
GDP per Capita in 2007: $ 3,004

Pak revenue collection 1999: Rs. 305 billion
Pak revenue collection 2007: Rs. 708 billion

Pak Foreign reserves in 1999: $ 700 million
Pak Foreign reserves in 2007: $ 17 billion

Pak Exports in 1999: $ 7.5 billion
Pak Exports in 2007: $ 18.5 billion

Textile Exports in 1999: $ 5.5 billion
Textile Exports in 2007: $ 11.2 billion

KHI stock exchange 1999: $ 5 billion at 700 points
KHI stock exchange 2007: $ 70 billion at 14,000 points

Foreign Direct Investment in 1999: $ 1 billion
Foreign Direct Investment in 2007: $ 8 billion

Debt servicing 1999: 65% of GDP
Debt servicing 2007: 26% of GDP

Poverty level in 1999: 34%
Poverty level in 2007: 24%

Literacy rate in 1999: 45%
Literacy rate in 2007: 53%

Pak Development programs 1999: Rs. 80 billion
Pak Development programs 2007: Rs. 520 billion

Under Musharraf’s vision

• 9 world class Engineering universities being
developed and 18 Public universities already
developed.
• Public sector institutions have increased from
110,267 (in 1999) to become
• Private sector institutions have increased from
36,096 (in 1999) to become 81,103 (in 2006).
• PAK is 3rd best in world Banking profitability.
• PAK IT industry now values around $2 billion,
including $1 billion exports and employs around 90,000
professionals.
• CNG sector has attracted over $70 billion investment
in last 5 years; and created 45,000 jobs.
• Telecom sector attracted around $10 billion in
investment and created above 1.3 million jobs.
• Industrial Parks are being setup throughout the
country for the first time! M3 estate, Sunder
industrial estate, Chakri, etc.
• Major Mega projects like the Saindak, Rekodiq,
Marble production, Coal production and Mining &
Quarrying are being pursued.
• In 2006, GDP growth is 6%. Earlier in 1999 was 3.5%.

• Foreign Reserves from $1 bn to $17 bn.
• KHI stock market: from 700 points to 13,000 points.
• Literacy rate improved by 11%.
• Poverty decreased by 10%.
• He made 4 dams: Mirani, Subakzai, Gomalzam, Khurram
Tangi dams.
• 6 Motorways completed or under construction: M1, M3,
M8, M9, M10, M11.
• Six major highways under construction.
• GWADAR advance mega Sea port developed under his
vision!
• Historic 100% increase in Tax collection of $11
billion.
• Large scale manufacturing is 30 year high, and
Construction activity is 17 year high.
• Newly found World class copper- gold deposits in
Chagai will fetch $600 million per year.
• A new Oil refinery with UAE will fetch $5 billion &
will process 300,000 oil barrels a day.
• Industrial sector registered 26% growth.
• PAK in 1999 was a $75 billion economy; and now 2006
it’s $160 billion economy!
• PAK economy is now the 3rd fastest growing economy
after China & India .

Education under Musharraf Era

In 1999-2000 there were 31 Public Universities. Now
2005-2006 there are 49 Public Universities. Under
Musharraf 20 NEW UNIVERSITIES SET UP!

• Air University (established 2002)
• Institute of Space technology, ISB (established
2002)
• Sardar Bahadur Khan Women University , Quetta
(established 2004)
• University of Science & Technology, Bannu
(established 2005)
• University of Hazara (founded 2002)
• Malakand university, Chakdara (established 2002)
• Karakurum International university, Gilgit
(established 2002)
• University of Gujrat (established 2004)
• Virtual University of Pak, Lahore (established 2002)

• Sarhad University of IT, Peshawar (established 2001)

• National Law University, ISB (2007)
• Media University, ISB (2007) etc.
• University of Education , Lahore (2002)
• Lasbella University of Marine Sciences, Baluchistan
(2005)
• Baluchistan University of IT & Management, Quetta
(2002), etc.

Pakistan now has a total of 245,682 Educational
institutions in all categories, including 164,579
(i.e. 67 percent) in the Public sector and 81,103
(i.e. 100 percent) in the private sector, reports the
National Education Census (NEC-2005). The census –
jointly conducted by the Ministry of Education, the
Academy of Educational Planning and Management (AEPAM)
and the Federal Bureau of Statistics (FBS) — reveals
that the number of private-sector institutions has
increased from 36,096 in 1999-2000 to 81,103 in 2005,
i.e. by 100 per cent.

Total 99,319 Educational Institutions (Public &
Private) have increased in Musharraf Era!

No, there can’t be two opinions on this; we will have to change our habits; we have to discipline our urges to spend and overspending. Personal financial management does not have any meaning among us as a nation. This has to be inculcated right from the beggining. Sometimes, I get this feeling that we grow up without ever, really, learning how and what it takes to earn money and wisely spend it. May be it has something to do with that false sense of security that parents wish to give to the young ones or perhaps their ‘pride’ plays a role in it.

My parents always talked about this simple truth: If income is Rs100 and expenses Rs95 it means prosperity, but if the income is Rs100 and expenses Rs105 it means big financial problems. Set your priorities and learn to curb / sacrifice your utges. It works!

Just kidding and no offenses!