First Five-Year Plans (Pakistan)

The First Five-Year Plans for the National Economy of Pakistan, (or also known as First Five-Year Plans), was a set of the

Finance minister Malick Ghoulam^[1] to Prime minister Liaquat Ali Khan who initially backed the programme, in 1948.^[2]

At the time of

agriculture development was among the lowest in the world.^[3] The vast majority of the population still inhabited villages and were untouched with the scientific and technological development in past two centuries.^[3] The independence had the major effect on country's existing economic infrastructure that disrupted the wholesale transfers of population, trade and business, channels of communication, industrial and commercial organization, and the pressing need to establish new provisional governments.^[3]

The economic development

currency, in 1949.^[3]

In the middle of 1950, the relations were restored when India and Pakistan began export trade once again, and in February 1951, India formally accepted to give recognition of Pakistan's currency after entering in new trade agreement, but the older trade relations were not restored.

Liaqat Ali Khan in October 1951. More ever, the efforts were failed to continuing the programme which was initially unsystematic, partially due to inadequate staff officers and lack of ambitions.^[2]^[3] In 1953, the programme collapsed when the shortages of clothes, medicines and other essential consumer goods arose; there was also a serious food shortage as a result of a sharp fall in the production of foodgrains in 1951-52 and 1952-53 due to monsoon floods.^[3] Prime minister Khawaja Nazimuddin was forced to end the programme after sending his request to provide economical assistance from the United States and other friendly counties.^[3]

Reassessment and collectivization

The new studies were again conducted in 1955 after the collapse of first programme. According to the census, over 90% of the population was living in rural areas whilst only 10% was living in urban areas.

Mn rupees were spent in order to organized the agricultural in the country.^[4] However, this programme was built entirely in the absence of much essential information and basic statistics.^[3]

In practice, this plan was not implemented because of its enormous size that lacked the physical and personnel assistance. The shortage of technical knowledge also devastated the programme.[5] The Awami League's government also had shortage of foreign exchange to execute the plan, and was unable to find outside assistance to fulfill its commitment to the first five-year plans.^[5]

Government database and studies

This article incorporates text from this source, which is in the public domain. Country Studies. Federal Research Division.

^ Scribd. "Section 3: Economic History". Scribd. Retrieved 25 June 2012.
^
ISBN 0-8444-0834-4
.

^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k ^l ^m ⁿ ^o ^p MoF. "Background of first Five Year Plans for the National Economy of Pakistan". First Five-Year Plans of Pakistan (PDF). Government of Pakistan (MoF). pp. 1–4. Archived from the original (PDF) on 16 November 2012. Retrieved 4 July 2012.
^ ^a ^b ^c Government of Pakistan. "Outline of First Five Year Plan" (PDF). Outline of First Five Year Plan. Archived from the original (PDF) on 16 November 2012. Retrieved 26 June 2012.
^ ^a ^b Government of Pakistan. "The Problem of Economic Development and Planning" (PDF). The Problem of Economic Development and Planning. Archived from the original (PDF) on 16 November 2012. Retrieved 26 June 2012.

Government documentation

Planning Commission; Government of Pakistan (May 1948). "First Five-Year Plans of Pakistan" (PDF). Government of Pakistan. The Electronic Government of Pakistan. Retrieved 4 July 2012.

[Scribd-1] Scribd. "Section 3: Economic History". Scribd. Retrieved 25 June 2012.

[Library_of_Congress-2] 
ISBN 0-8444-0834-4
.

[Government_of_Pakistan_(MoF)-3] ^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k ^l ^m ⁿ ^o ^p MoF. "Background of first Five Year Plans for the National Economy of Pakistan". First Five-Year Plans of Pakistan (PDF). Government of Pakistan (MoF). pp. 1–4. Archived from the original (PDF) on 16 November 2012. Retrieved 4 July 2012.

[Outline_of_First_Five_Year_Plan-4] Government of Pakistan. "Outline of First Five Year Plan" (PDF). Outline of First Five Year Plan. Archived from the original (PDF) on 16 November 2012. Retrieved 26 June 2012.

[The_Problem_of_Economic_Development_and_Planning-5] Government of Pakistan. "The Problem of Economic Development and Planning" (PDF). The Problem of Economic Development and Planning. Archived from the original (PDF) on 16 November 2012. Retrieved 26 June 2012.

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