Tuesday, December 17, 2019

Poverty and Its Causes in Pakistan - 2152 Words

Poverty and its causes In Pakistan Submitted by: Muhammad Ahmad Adil Submitted to: Ms. Mehwish Submitted date: 8th February 2012 Assignment Topic: Poverty In Pakistan Management sciences Department Abdul Wali Khan University Mardan 2012 www.awkum.edu.pk February 8, 2010 Ms. Mehwish Teacher, Economy of Pakistan Abdul Wali Khan University Mardan Madam I am herewith present my Assignment authorized by you as a requirement for this course. In this assignment, I have tried to provide updated information about Poverty In Pakistan. I hope I have†¦show more content†¦In a world of six billion people, one billion have 80 percent of the income and five billion have less than 20 percent. This issue of global imbalance is at the core of the challenge to scale up poverty reduction. Case of Pakistan: Poverty has many dimensions in Pakistan. People have not only low incomes but they also are suffering from lack of access over basic needs. The major challenge of today is poverty reduction. In Pakistan, Poverty Reduction Strategy was launched by the government in 2001 in response to the rising trend in poverty during 1990s. It consisted of the following five elements:- (a) Accelerating economic growth and maintaining macroeconomic stability. (b) Investing in human capital. (c) Augmenting targeted interventions. (d) Expanding social safety nets. (e) Improving governance. The net outcome of interactions among these five elements would be the expected reduction in transitory and chronic poverty on a sustained basis. The reduction in poverty and improvement in social indicators and living conditions of the society are being monitored frequently through large- scale household surveys in order to gauge their progress in meeting the targets set by Pakistan for achieving the seven UN Millennium Development Goals byShow MoreRelatedPoverty in Pakistan: Causes and Consequences1610 Words   |  6 PagesPoverty, a multidimensional global phenomenon, as defined by World Bank is an income level below some minimum threshold deemed necessary to achieve basic needs. This minimum level is usually called the â€Å"poverty line†. The things required to satisfy basic needs are highly time and society dependent. Therefore, poverty lines vary from country to country as each country defines and sets the poverty line limit according to its o wn level of development, societal norms and values. But the contents of theRead MorePoverty in Afghanistan1663 Words   |  7 Pagesproblems of poverty in Pakistan. 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