Financing the Second Five Year Plan

The purpose of this paper is to indicate some of the problems involved in financing Pakistan’s Second Five Year Plan. The Plan sets out the objective of increasing the gross national product by 20 per cent. The cost of this growth rate has been estimated at Rs. 19,000 million of investment expenditure over the Plan period, Rs. 9,750 million in the public sector, Rs. 3,250 million in the semi-public sector, and Rs. 6,000 million in the private sector.1 This is a large investment programme with per