Economy of Pakistan in the context of "Pakistani Punjab"

Punjab (/pʌnˈdʒɑːb/ pun-JAHB; Punjabi, Urdu: پنجاب, pronounced [pəɲˈd͡ʒaːb] ) is a province of Pakistan. With a population of over 127 million, it is the most populous province in Pakistan and the second most populous subnational polity in the world. Located in the central-eastern region of the country, it has the largest economy, contributing the most to national GDP in Pakistan. Lahore is the capital and largest city of the province. Other major cities include Faisalabad, Rawalpindi, Gujranwala and Multan.

It is bordered by the Pakistani provinces of Khyber Pakhtunkhwa to the north-west, Balochistan to the south-west and Sindh to the south, as well as Islamabad Capital Territory to the north-west and Azad Kashmir to the north. It shares an international border with the Indian states of Rajasthan and Punjab to the east and Indian-administered Kashmir to the north-east. Punjab is the most fertile province of the country as the Indus River and its four major tributaries Ravi, Jhelum, Chenab, and Sutlej flow through it.

The prime minister of Pakistan is the head of government of the Islamic Republic of Pakistan. Executive authority is vested in the prime minister-led and appointed cabinet, with the president of Pakistan serving as the nominal head of executive and state. The prime minister is often the leader of the party or the coalition with a majority in the lower house of the federal parliament, the National Assembly, where he serves as leader of the House. Prime minister holds office by virtue of their ability to command the confidence of the National Assembly. The prime minister is designated as the "chief executive of the Islamic Republic".

Pakistan's prime minister leads the executive branch of the federal government, oversees the state economy, leads the National Assembly, heads the Council of Common Interests as well as the Cabinet, and is charged with leading the National Command Authority over Pakistan's nuclear weapons arsenal. This position places its holder in leadership of the nation and in control over all matters, both internal affairs and foreign policy. The prime minister is elected by the members of the National Assembly and is therefore usually the leader of the majority party in the parliament. The Constitution of Pakistan vests executive powers in the prime minister, who is responsible for appointing the Cabinet as well as running the executive branch, taking and authorizing executive decisions, appointments, and recommendations that require prime ministerial confirmation.

Sir Malik Ghulam Muhammad (20 April 1895 – 29 August 1956) was a Pakistani politician and economist who served as the third governor-general of Pakistan from 1951 to 1955. He carried out what is called a 'constitutional coup' by dismissing Khawaja Nazimuddin's government in 1953 and dissolving of the constituent assembly in 1954.

Educated at the Aligarh Muslim University (AMU), he joined the Indian Civil Service as a chartered accountant at the Indian Railway Accounts Service before being promoted to join the Ministry of Finance under Liaquat Ali Khan in 1946. After the Independence of Pakistan in 1947, he joined the Liaquat administration as the country's first Finance Minister where he helped draft the first five-year plans to alleviate the national economy. He co-founded Mahindra & Mohammed in 1945 (later Mahindra & Mahindra in 1948) with Jagdish Chandra Mahindra and Kailash Chandra Mahindra.

The Planning Commission (denoted as PC) (Urdu: ماموریہِ منصوبہ بندی پاکستان) is a financial and public policy development institution of the Government of Pakistan. The Commission comes under Ministry of Planning Development & Special Initiatives The Planning Commission undertakes research studies and state policy development initiatives for the growth of national economy and the expansion of the public and state infrastructure of the country in tandem with the Ministry of Finance (MoF).

Since 1952, the commission have had a major influence and role in formulating the highly centralized and planned five-year plans for the national economy, for most of the 20th century in Pakistan. Although the five-year plans were replaced by Medium Term Development Framework, the commission still played an influential and central role in the development of the programme. Furthermore, the Public Sector Development Programme (PSDP) also placed under the domain of the planning commission. The commission's authoritative figures includes a Chairman who is the Prime Minister, assisted by the deputy chairman, and a science advisor.