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The Balance of Payments and External Resources in Pakistan's Third Five Year Plan

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  • BRUCE GLASSBURNBR

    (Pakistan Institute of Development Economics)

Abstract

Attainment of the goals in the international sector of her economy is essential for the achievements of Pakistan's growth goals for the Third Five Year Plan. The Plan's growth goals are ambitious, as is well known: whereas the increase in gross national product during the overfulfilled Second Five Year Plan was Rs. 9,725 million, the increase in GNP planned for 1965/66 through 1969/70 is to be Rs. 16,035 millionl. So are the goals in international trade and finance ambitious: in the Second Plan period, Pakistan's foreign exchange earnings were Rs. 13,252 million [10, p. 96]. They are planned at Rs. 20,000 million for the next five years. At the same time, foreign exchange requirements are to grow (absolutely speaking) even more than earnings.

Suggested Citation

  • Bruce Glassburnbr, 1965. "The Balance of Payments and External Resources in Pakistan's Third Five Year Plan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 5(3), pages 496-524.
    • Handle: RePEc:pid:journl:v:5:y:1965:i:3:p:496-524
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