Sarcouncil Journal of Economics and Business Management

Abstract: From the day first 14 Aug 1947 to now Pakistan passed tough time throughout history, Lack of Economic resources and financial instability political turmoil leadership crisis bad governance and many other factors. All these elements put Pakistan on the brink of destruction. According to a cautious survey in 1987 normal people were earning $5.50 per day. The overall percentage was $0.20% earning. The economic progress of the country was $96.80%. This percentage fluctuates over time according to the economic and political conditions of Pakistan. In 2018 it changed to $77.60% and overall entire population earned $1.20%. However on the flip-side population according to the 2000 Census, Pakistan’s population was 160 Million. In 2017 it increased the figure to 220 Million. Thus overall it can be analyzed economic sources were not enough to meet the country’s requirements. Since April 2022 until now Pakistan’s economic situation are going lower and declining day by day due to political instability, poor governance, sick administration and financial crisis.