Why is this • Electricity and gas industries are very important, but they employ only one eighth of the building or transport workforce in Pakistan. Why is this so? help a country?
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Answer:
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP.[1] Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity & gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports. Other units include surgical instruments, chemicals, and a budding automotive industry.
Explanation:
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Answer:
The energy industry in Pakistan is in crisis, due to a lack of energy output to keep up with the country’s rising demand during the past few decades. Pakistan now relies on imported energy resources like gas and oil ( when Pakistan has extensive energy resources, including natural gas, oil, Pakistan has the largest coal reserve and a large hydropower potential). The recent increase in energy costs has given us a glimpse into the future. The rise in global oil prices, devaluation of the Pakistani rupee, and the domestic political and economic crisis in Pakistan are propelling the state towards becoming energy insecure. If this issue is left unchecked the current energy crisis can devastate Pakistan’s already struggling economy.