47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...

Pakistan Economic Survey 2011-12energy conservancy program that includes twoholiday a week, closing the markets at 8:00 pm,lighting alternate pole of the Municipalities andusing air conditioners in offices after 11:00 p.m.The contribution of Hydel in electricity generationincreased to 33.6 percent in 2011. KarachiElectricity Supply Corporation (KESC) contributed8.3 percent, Pakistan Atomic Energy Commission(PAEC) 3.6 percent, Kot Addu Power Company(KAPCO) 6.2 and the Hub Power Company(HUBCO) 9.1 percent to total electricitygeneration. Independent Power Producers (IPPs)have contributed almost 25 percent. TheGovernment is implementing a number of priorityhydel projects such as 969 MW-Neelum Jhelum,1410 MW-Tarbela 4 th Extension, and Patrind in theprivate sector. Almost 96 percent of the work onthe main dam at Mangla, spillway and alliedfacilities are completed and resettlement work is inprogress. Likewise 99.7 percent work on Satparaand 72.1 percent on Gomal Zam dam have beencompleted. 7100 MW-Bunji, 4320 MW-Dasu, 80MW Kurram Tungi Dam, 740-MW Munda Damand 4500 MW-Diamer Bhasha Dam are in thepipeline. Pakistan is one of the beneficiaries ofTetra-partner power import project under the headof Central Asia-South Asia (CASA-1000)electricity trade. In addition, a number of thermalprojects are under implementation including 747Guddu refurbishment.Pakistan has huge coal reserves estimated at over185 billion tones. Thus the long term trend showsthat there was an increase of production of coal; anaverage 7.7 percent change occurred during the lastten years. Federal as well as Sindh Governmentsare actively pursuing to provide necessaryinfrastructure at Thar for exploiting these coalreserves for power generation. Two blocs havebeen leased out on pilot basis. Efforts areunderway to provide the missing transmission linkbetween Matiari and Thar.The Government is also working on different gaspipelines as well as import of LNG and LPG toaddress the gas shortages. In this regard, LiquifiedNatural Gas (LNG) Policy 2011 has been notifiedwhich encourages private parties to develop LNGprojects and sets them free to participate in anysegment of the LNG value chain. The gas sectorsupply increased by 4.9 percent in July-March2011-12 as compared with the correspondingperiod of last year. The average production ofnatural gas during July-March 2011-12 was 4236.1million cubic feet per day (mmcfd) as against4050.6 (mmcfd) during the corresponding periodof last year showing an increase of 4.6 percent.Social Safety Nets: The government is committedto a sustained poverty reduction strategy and toallocate a minimum of 4.5 percent of GDP tosocial and poverty related expenditures. Thegovernment prioritized 17 pro-poor sectors throughthe Medium Term Expenditure Framework(MTEF) which provides a link between the policypriorities and the budget realties. Expenditure onpro-poor sectors in 2007-08 stood at 5.6 percent ofGDP, 7.5 percent in 2008-09, 7.6 percent in 2009-10. Total expenditures in 2010-11 were 6.9 percentof GDP. This was first year of the 7 th NationalFinance Commission Award when 70 percent ofthe divisible pool was transferred to the provincesas well as transition was taking place as a result of18 th amendment.The floods of 2010 and heavy rains of 2011significantly hurt the efforts to improve standard ofliving of the people. The floods and rains affectedapproximately 20 million people directly and amuch larger proportion indirectly; the loss toinfrastructure and livelihood sources furtherimpacted the people of these areas.The Benazir Income Support Programme, aflagship program of the Government, has made aremarkable progress by providing much neededrelief to over 4 million recipients all over Pakistan.Over the last 4 years, BISP was provided over Rs.178 billion out which Rs. 153 billion werecontributed from domestic resources. A totalamount of Rs. 122 billion has been disbursed to itsrecipients up to March 2012. The number ofrecipients is expected to be increased to 7 milliononce the on-going processing of data collectedduring the “nation-wide poverty scorecardtargeting survey” is completed. BISP has launcheda number of programmes including (i) Payment toRecipients, (ii) Graduation Initiatives, (iii)Waseela-e-Haq, (iv) Waseela-e-Rozgar, (v)Waseela-e-Sehat and (vi) Waseela-e-Taleem toviii