Economic Performance of Three Governments Table 1.15: Areas of Good and Poor Performance, PTI Government 2018-19 to 2021-22 Areas of Poor Performance (I< 0.4) Areas of Good Performance (I> 0.5) 1. Growth Rate of Industry 0.222 1. Growth Rate of Agriculture 0.620 2. Growth Rate of Services 0.339 2. Rate of‘Core’ Inflation 0.603 3. Growth Rate of Per Capita Income 0.392 3. Growth Rate of Household Consumption 0.627 4. Level of Public Investment 0.338 4. Growth Rate of Government Consumption 0.938 5. Growth Rate in Volume of Imports 0.268 5. Growth Rate of Volume of Exports 0.740 6. Level of Current Account Deficit 0.344 6. Growth Rate of External Debt 0.534 7. Import Cover of Reserves 0.302 7. Level of Expenditure on Social Services 0.573 8. Level of Revenues 0.381 8. Growth Rate of Labor Force 0.641 9. Level of Development Expenditure 0.216 9. Growth Rate of Employment 0.623 10. Leve of Primary Deficit 0.317 10. Female Employment Growth 0.640 11. Increase in Level of Public Debt 0.287 12. Expenditure on Subsidies& Cash Transfers 0.382 13. Growth Rate of Unemployment 0.335 14. Formal Sector Employment Growth 0.2601 Overall, the above areas of inadequacy should be carefully studied by each political party and reasons identified of failure. This will help in the preparation of manifestos for the next elections in 2023. 1.11 Conclusion The years 2008-09 to 2021-22 have not been exceptional good years in the economic history of Pakistan. The average GDP growth rate has been relatively low while the rate of inflation has been relatively high. Very high levels of power loadshedding and acts of terrorism played a major role in restricting private investment and constraining productive activity up to 2015-16. The pandemic, COVID-19, then wreaked substantial damage on lives and livelihoods after March 2020. Each of the three governments have made efforts to sustain the economy in difficult conditions. The PPP government built political consensus around the comprehensive 18 th Amendment to the Constitution and the 7 th NFC award. Also, greater focus was placed on agricultural productivity, human development, employment creation and poverty alleviation. 23