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The economic development planning began in 1948 when Prime minister Liaquat Ali Khan presented the first Five-Year plans at the parliament of Pakistan on 8 July 1948. The first plan was conceived by the Ministry of Finance (MoF), and were studied and developed by the Economic Coordination Committee (ECC) based on the theory of Cost-of ...
Although Pakistan didn't officially launch a First Five-Year Plan, it embarked on various development initiatives during this period. The key focus areas included agriculture, industries, and infrastructure development. At the time of partition of British India by the United Kingdom, Pakistan was a relatively under-developed country. [6]
Soviet dictator Joseph Stalin and officials at Moscow did not send any congratulatory message to Muhammad Ali Jinnah, the founder and governor-general of Pakistan. During the First Kashmir War (1947–1948) against India, the Soviet Union remained neutral and gave a non-committal
First five-year plan may refer to: ... First Five-Year Plans (Pakistan) First five-year plan (Soviet Union) See also. Five-year plan (disambiguation)
The first five-year plan (Russian: I пятилетний план, первая пятилетка) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country.
Stalin announced the start of the first five-year plan for industrialization on October 1, 1928, and it lasted until December 31, 1932. Stalin described it as a new revolution from above. [12] When this plan began, the USSR was fifth in industrialization, and with the first five-year plan moved up to second, with only the United States in first ...
ISLAMABAD (Reuters) -Pakistan will privatise all state-owned enterprises, with the exception of strategic entities, Prime Minister Shehbaz Sharif said on Tuesday, broadening its initial plans to ...
During the first five-year plan, Joseph Stalin's all-out campaign to take land ownership and organisation away from the peasantry meant that, according to historian Robert Conquest, "peasants with a couple of cows or five or six acres [2 or 2.5 ha] more than their neighbors" were labeled kulaks. [8]