Development of Pakistan
Prosper Pakistan is the motive of Happii private limited therefore we bring ultimate solutions of every problem of Pakistan by providing transparent and hassle free services which best fits to the needs and desired budget. We are warmly welcoming our potential youth to come and invest on their ideas along with us and to grow together.
Lower class and lower middle class of Pakistan are our top concerns, we create equal opportunities through our top ventures for their wellbeing and personal growth. Study out world’s largest economies one common thing will come to know that is their bases are stand up on the strong pillars of Education and in comparison Pakistan has only 58% literacy rate. What is our status in international market?
We plan out the things in the manner in which we create opportunities of free world class education for the needy ones.
All of our products or services are based on uniqueness and innovation which are highly appreciated by the international market and we feel pride when they recognize us as a Pakistani Think Tank.
Pakistan is the one of next eleven countries who are predicted to become world’s largest economy. No doubt Pakistan has a high potential, enriched natural resources strong men-power, brilliant minds, best textile, Gwadar for import & export business, means Pakistan is filled with all the essentials which are needed to take hold of economy.
Where Pakistan’s economy stands today: Pakistan’s current economic situation is highly effected due to our political conditions from the start country ruled by bad governance, rule of law issues, and political provocations which play a major role to decline the economy. And in country where already economic condition is on developing stage these sort of circumstances ruin the economy.
The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2018, reaching an all-time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952.
As per economists in 2020 expected rise in GDP will be 5.50 percent but question is how? Currently economy is so unpredictable our rupee value has been devaluated against the dollar and its continued for how long nobody can guess. On the other hand oil prices directly hit from the rupee devaluation and high cost of petrol & oil is uproar in the nation. Our foreign direct investments are also at low level just increase of 5% which is not up to mark. State bank has been declared that they have with very low reserves because of high rate of import and previously they have allotted much money to the projects started by last government to end them before elections (and these projects are still not ended).
Pakistan’s imports are showing rising trend at a relatively faster rate (18.0 percent) due to the increased economic activity as part of China Pakistan Economic Corridor (CPEC), particularly in the Energy sector. The construction projects under CPEC require heavy machinery that has to be imported. It is also observed that the economy is currently being led both by investments as well as consumption, resulting in relatively higher levels of imports.
Though, to some extent this all is correlated with the political conditions of our country which are not stable from start but what will be governments’ upcoming actions and agendas to boost the economy which is almost in negative.
On the other hand shortfall of electricity and basic needs of common people, unemployment and poverty line is almost same, no major change seen.
Current account deficit is expected to remain under stress as the trade deficit is predicted to stay at an elevated level during fiscal year 2018-19.
Pakistan recorded a Current Account deficit of 4082 USD Million in the fourth quarter of 2018. Current Account in Pakistan averaged -676.16 USD Million from 1976 until 2018, reaching an all time high of 1418 USD Million in the third quarter of 2002 and a record low of -5798 USD Million in the second quarter of 2018.
How HAPPII can play a part in Economy??
HAPPII’s only aim is to see the developed Pakistan and that Pakistan which was the dream of Quaid. The country who can help the nations and develop Muslim nations not the one who is seeking for help toward others.
And HAPPII know the only way to empower the Pakistan is strong economy which become by the efforts of educated population. That is why HAPPII a full service THINK TANK is opening doors for common people by providing them the opportunities to boost their selves and become a part of our multimillion ideas to discover the new face of world.
Pakistan’s majority individuals under the poverty line as per a common survey report 4 out of 10 individuals are under the poverty line means they even haven’t enough food to live. Happii as a Think Tank is strive to develop the projects which may boost the purpose of shared economy and open the ways for ones who cannot even accommodate themselves in means of food. How a poor people can get benefit from shared economy?
Less accidents due to proper SOPs (HappiiAds/HappiiRide).
Increase in business (economy circulate rapidly because more people engage in leasing cars activities/ More people can be engage in leasing houses through HappiiHomes/ Less charges through our TOURISM Plan which will also give benefit to local people by offering more employment opportunities).
Job opportunities for poor people. (People always facilitate themselves if one become financially strong he will definitely ease other in means of financials (slaves/ drivers).
Most of our services are based on shared economy through which people are easily access the products and services of their want at low cost, this automatically hits the velocity of economy in positive manner and economy move rapidly and cycle runs accordingly.
In Pakistan it is quite difficult even for mediocre to provide quality education to his/her child and Happii in this difficult time is ready to take ownership for those who are attached with HAPPII as a driver and also provide family medical which is most demanding facility by nation.
We don’t claim that we can change the Pakistan within days but yes we believe that we can be a base brick or we can place a brick towards the development of Pakistan.