Business

Budget 2022-23: Donkey population is on the rise in Pakistan, economic survey

Budget 2022-23: Donkey population is on the rise in Pakistan, economic survey

According to the Pakistan Economic Survey (PES) 2021-22, the number of donkeys in Pakistan climbed to 5.7 million in the preceding fiscal year.

The number of donkeys has been rapidly increasing in recent years, with 5.5 million in 2019-2020 and 5.6 million in 2020-21, according to the data.

donkey population pakistan

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According to the data, the country’s cow population has climbed to 53.4 million, with buffalo at 43.7 million, sheep at 31.9 million, and goats at 31.9 million.

According to the survey, the country had 1.1 million camels, 0.4 million horses, and 0.2 million mules. It should be noted that these figures have remained unchanged since 2017-18.

From 2021 to 22nd, livestock provided around 61.9 percent of agriculture value addition and 14.0 percent of national GDP.

Animal husbandry is the most important source of income for Pakistanis living in rural areas. More than 8 million rural families are involved in livestock farming, and this industry accounts for 35-40% of their income.

The gross value addition of livestock has increased by 3.26 percent from Rs 5,269 billion in 2020-21 to Rs 5,441 billion in 2021-22.

According to the document, the government has refocused on this sector in order to boost economic growth, food security, and poverty alleviation in the country.

It goes on to say that the overarching livestock development strategy intends to promote “private sector-led development with public sector policy interventions creating an enabling environment.”

By strengthening veterinarian health coverage, husbandry techniques, animal breeding procedures, artificial insemination services, the adoption of balanced diet for animal feeding, and controlling livestock diseases, the regulatory measures aim to increase per unit animal productivity.

Also Read: Budget 2022-23: Government likely to restore Petroleum Levy

Read more on Latest Pakistan News on Pakistanlounge.pk

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Sibtain Ali is a Senior Editor Business at Pakistan Lounge and joined in October 2021. Formerly business editor at a renowned International News website

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