Tag Archives: poverty

  It would not be wrong to say that poverty in our country is the result of low economic growth, relocation of industry, high food inflation, rising joblessness, warlike conditions, stagnant industry, slowing services sector, energy shortfall, poor governance, gender discriminatory practices and non-availability of credit to the micro and small-scale industry. Poverty is not the issue only in Pakistan however, it is essential to address this issue at the …

  Pakistan has favorable environment for the growth and expansion of microfinance sector: EIU Over 2 million beneficiaries including non muslims are taking the productive use of Islamic microfinance worldwide Islamic banking industry has been showing a spectacular annual growth rate of over 30 percent over the past five years with sustained growth momentum despite substantial increased base. Islamic Banking has been expanded across 80 districts of the country with …

  Considering dollar 2 a day be the minimum daily wage, then a majority of the population of Pakistan is unfortunately living below the poverty line as these daily earning amount is not enough to meet the expenses of a family and not even fulfilling the need of a individual of this country. The poverty line is the distinction which separates those in the country who are poor from those …

  The Small & Medium Enterprises (SMEs) considered as backbone of large scale industries and in fact can play an effective role in reducing poverty, which is increasing to an alarming scale in Pakistan. It is painful to see that even after 68 years of creation of Pakistan the dream of a peaceful, prosperous life with equal opportunities to every Pakistanis still seems to be a distant dream. It is …

  One often hears statement like: 1) Pakistan is over populated, 2) size of its GDP is too small, 3) per capita income is minuscule, 4) a large percentage of population lives below the poverty line, 5) country has been surviving on borrowed money, 6) load shedding of electricity and gas is extensive and 7) despite being an atomic power, its survival is often threatened by whatever is happening in …

  Every third Pakistani is living below the poverty line Poverty alleviation was one of the key objectives of the economic agenda of the PML (N) government and microfinance is the most effective instruments of poverty reduction. As per World Bank estimates, around 25 million people live in extreme poverty in Pakistan and the adverse impacts of global financial, food, and fuel crises posed multiple challenges to Pakistan’s rapidly evolving …

  It may be said that elected governments bother to introduce special schemes ensuring better job opportunities for educated youth and undertaking Benazir Income Support Program and the latest being Prime Minister Youth Business Loan scheme. However, all these may cater a few favorites or a limited segment of the society. The prime responsibility of the government is to create enabling environment that can usher new investment, creation of productive …