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Economic Survey 2011-2012
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ISLAMABAD May 31, (APP) The government has spent a sum of Rs Rs 919.564 billion for improving the condition of the deprived segment of the society from July to December 2011. According to Economic Survey 2011-12, the government is commited to follow a sustained poverty reduction strategy and a minimum of 4.5 percent of GDP to social and poverty related expenditures is clearly reflected in the allocations to the pro-poor sectors. The government has prioritized 17 pro-poor sectors. The expenditure on pro-poor sectors in 2007-08 stood at 5.57 percent of GDP. In 2008-09, these were 7.46 percent of GDP and in 2009-10, 7.57 percent of GDP.
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ISLAMABAD, May 31 (APP): The government has undertaken various economic and financial reforms for economic stabilization including expenditure management strategy through containing fiscal deficit, elimination of general subsidies and restructuring of public sector enterprises. According the Economic Survey 2011-1, the government has taken steps for improving domestic resource mobilization through harmonization of tax administration, strengthening risk based audits, improving efficiency of tax administration and broadening of tax base.
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ISLAMABAD, May 31 (APP): The government has spent around Rs. 45 billion as fertilizer subsidy during the first nine months of current fiscal year 2011-12. Due to the curtailment of natural gas some urea plants produced substantially less than their production capacity as a result 1.6 million tonnes of urea had to be imported by the government during 2011-12 to meet the deficit, said Economic Survey of Pakistan 2011-12 released here on Thursday. At the beginning of 2011-12, it was assumed that the country will attain self-sufficiency at least in urea availability because of the operationalizing of two new plants.
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ISLAMABAD, May 31 (APP): At least two million people shifted from rural areas to urban centers during last year, taking the number of urban population from 65.28 million in 2011 to 67.55 million in 2012, says the Economic Survey 2011-12 released here on Thursday. In Pakistan cities are growing rapidly as a result of the movement of people from rural areas in search of jobs, opportunities to improve their lives and make a better future for their children. Moreover, the lack of basic facilities in rural areas like electricity, sanitation, safe drinking water and schooling are some of the reasons for rapid urbanization.
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ISLAMABAD, May 31 (APP): It has become increasingly difficult to achieve environmentally sound development in the backdrop of back to back flooding and rains across the country as well as other exogenous and endogenous factors, said Economic Survey of Pakistan released here on Thursday. The environmental challenges include climate change impacts, loss of biological diversity, deforestation and degradation of Air and Water quality. The quality of the natural environment is not only an extremely important issue from the point of view of individual survival but it will also emerge as one of the principal human security issues in Pakistan.
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Chinese Premier Visit to Pakistan |
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Presidential address to the joint sitting of parliament |
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Economic Survey 2011-2012 
