ABSTRACT

Pakistan has made significant progress under various strategic policies aimed at improving the economic outlook of the country. However, much of the progress has been marred by factors such as floods, droughts, political instability, policy inconsistency, and weak implementation of policies and related legislation. Two decades ago, Pakistan embarked on the path to market-orientated economic reform. Even though Pakistan has received strong financial assistance, there remains scope for greater improvement. Agriculture represents the traditional foundation of Pakistan's economy. Despite gradual increases in the share of manufacturing and the services sector in national product, agriculture continues to be the single largest sector and the touchstone for growth and development. Agriculture's contribution in real terms extends far beyond farm output and includes its role as a supplier to industry as well as a market for industrial products and a significant portion of Pakistan's export earnings. The food system reflects the level of development and this provides us with some interesting insights.