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Problems Faced by Pakistan

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PROBLEMS FACED BY PAKISTAN,RECOMMENDATION FOR ITS SOLUTION

INTRODUCTION:
In the context of Pakistan, owing to the fact that it is a developing nation, there is no wonder that it is engulfed with a number of social and economical problems. The real issue is not the presence of these problems in society because, there is no concept of an ideal society in the world. Every country in the world has its own set of socio-economic problems. The main issue is the extent and intensity of the socio-economic problems of Pakistan which have soared to alarming levels.
Pakistan is today facing the most critical problems of its history. Economy is terrible, law & order is deteriorating, shortage of water, electricity and other necessities are clearly …show more content…

Stock Exchanges also depict a true picture of economic meltdown. Instable political system, dictatorship in its worse form and non-effective democracy badly affect the rates of stocks listed on the three stock exchanges of Pakistan. During this year, many times Karachi Stock Exchange has plunged to its lowest point in the history of Pakistan.

Rate of inflation was never a two-digit figure in Pakistan, but in recent years it has seen an unprecedented increase. Prices of all consumer products in general and food products in particular are rocket high. In contrast, purchasing power of masses is at an all-time low.

Northern areas of Pakistan have been a place of great tourist attraction. This contributed to foreign exchange. Tourism Industry was one of the booming industries of Pakistan. Besides attracting foreign exchange, it also provided employment to local people. Nevertheless, war on terrorism has served as a serious blow to the tourism industry of Pakistan.

Due to war on terror, local people of war-ridden areas are migrating to other areas of Pakistan. Country has seen the largest migration since independence in 1947. This large influx of people and their rehabilitation is an economic burden for Pakistan. This unproductive lot of people is a growing economic problem of Pakistan.
Some of the other problems which have engulfed Pakistani nation nowadays

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