Significance of Agriculture Sector

Pakistan is an agrarian economy. Agriculture sector is considered as back bone of Pakistan's economy and economic growth driver.

Pakistan is 6th most populated country of the world, with population of 162mn, which has been growing at the rate of at least 2.5% annually. 2/3 of it is living in rural areas and agriculture is their major source of income. Agriculture contributes 21% to GDP and employees 45% total workforce. Besides, it also contributes substantially to Pakistan's export earnings. Hence, it can be inferred that any improvement in this sector will affect positively almost all macro economic indicators of an economy, particularly poverty.

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