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| EconomyOfPakistan Home» Economy of Pakistan Today » Steps Towards Poverty Alleviation |
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Steps Towards Poverty Alleviation in Pakistan |
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With a per capita gross national income ( GNI ) of only US$ 520, Pakistan is one of the economically underdeveloped nations of Asia and the world at present. With nearly a quarter of its population classified as poor, the nation is saddled with a host of serious problems like unemployment, illiteracy, lack of basic health-care services, infrastructural inadequacies etc. Poor federal policies, lack of implementation and rampant corruption have been some of the major reasons for growth of poverty in Pakistan in the recent years. The huge amount of international debt and the high expenditures on defence areas to combat international and domestic terrorism are also some of the reasons for the depletion of economic resources in the country.
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However, despite the many hurdles, the government of Pakistan has been sincerely engaged in efforts for alleviation of poverty in Pakistan. To achieve this end, it has taken the help of a number of international and domestic agencies like the World Bank, United Nations, NGOs to put up a concerted effort in the eradication of poverty in the country. economyofpakistan.com lists for you information regarding poverty in Pakistan, the various steps taken for its removal and the results that such efforts have yielded over the years.
Poverty in Pakistan is acute in the rural regions : of a total of approximately 40 million people living below the poverty line, 30 million resided in rural areas. The rural areas of the hilly North West Frontier Province exhibit the highest levels of poverty in the country. To improve the economic conditions of the rural and urban poor in Pakistan, the Pakistani government has implemented the World Bank funded Pakistan Poverty Alleviation Fund Project that provides loans, grants and technical assistance to the poorest individuals and communities in the country. Currently, the Pakistan Poverty Alleviation Fund is working with 56 partner organizations in 96 districts of Pakistan and have produced tangible results.
economyofpakistan.com is a website that provides detailed and comprehensive information regarding poverty alleviation in Pakistan, economic reforms and a number of other issues related to the economic scenario of the country. Browse through our pages to get the latest updates on Pakistani economy. Happy browsing !!!
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