Tuesday, 26 February 2013

Poverty In Pakistan

source(google.com.pk)
Poverty In Pakistan Biography
Poverty in Pakistan is difficult to quantify. In 2006, the methodology used by the Pakistani government to estimate those living in poverty was challenged by the World Bank and the United Nations Development Programme (UNDP). At that time, the government estimate was that 23.9 per cent of the population lived below the poverty line but the independent organisations assessed the figure in the range of 25.7 - 28.3 per cent.[1] Those independent bodies supported estimates of a considerable fall in the statistic by the 2007-08 fiscal year, when it was estimated that 17.2% of the total population lived below the poverty line. The declining trend in poverty as seen in the country during the 1970s and 1980s was reversed in the 1990s by poor federal policies and rampant corruption. This phenomenon has been referred to as the "poverty bomb".[4] In 2001, the government was assisted by the International Monetary Fund (IMF) in preparing the Interim Poverty Reduction Strategy Paper that suggests guidelines to reduce poverty in the country.

Pakistan fares better than India and Bangladesh on most poverty markers such as the UN MPI index and its poverty rate is below those nations.

As of 2009, Pakistan's Human Development Index (HDI) is 0.572, higher than that of nearby Bangladesh's 0.543, which was formerly a part of the country itself. Pakistan's HDI still stands lower than that of neighbouring India's at 0.612.

According to the HDI, 60.3% of Pakistan's population lives on under $2 a day, compared to 79% in nearby India and 81.3% in nearby Bangladesh,[8] and some 22.6% live under $1 a day, compared to 24.9% in India and 49.6% in Bangladesh

Wealth distribution in Pakistan is highly uneven, with the top 10% of the population earning 27.6% and the bottom 10% earning only 4.1 of the income[10] According to the United Nations Human Development Report, Pakistan's human development indicators, especially those for women, fall significantly below those of countries with comparable levels of per-capita income. Pakistan also has a higher infant mortality rate (88 per 1000) than the South Asian average (83 per 1000.
Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

Poverty In Pakistan

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