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Poverty in Pakistan
Poverty in Pakistan
PRESENTED BY: MUBEEN BUTT ROLL NO. 12345 MS. ISLAMIC BANKING & FINANCE
Preface
A report published by Social Policy Development Center
Out of which
of Punjab out of its 34 districts. There is lesser poverty in Lahore as compared to Karachi.
poor as per an estimation. 88% population of Balochistan is poor. 51% population of KPK is extreme poor. 31% population of Sindh is also poor. 25% population of Punjab is living below the poverty line.
Regional Disparities
Regional disparities are attributed to : Difference in Educational Facilities Difference in Living standards
Financial Dualism
Technological Dualism International & Domestic Dualism
Asian Development Bank titled Poverty in Pakistan: Problems, causes and institutional responses Poverty ratio in Pakistan was 42% in 2005.
called poverty line (Anonymous) In different time periods, various criteria for measuring poverty are presented: Some of them are listed below:
Per capita monthly expenditures measure. 2. Per capita monthly consumption expenditures measure. 3. Per capita 2550 calories measure. 4. Per capita basic needs approach.
1.
Measurement of Poverty
1. Per Capita Monthly Expenditure Measure: Prof. M. Nasim (Ex-Professor, Quaid-e-Azam University, Islamabad) presented this criteria. He settled the price line on Prices of 1959:Rs. 250 & Rs.300/month for RURAL AREA Rs. 300 & Rs. 375/month for URBAN AREA
Measurement of Poverty
2. Per Capita Monthly Expenditure Method: Criteria was presented by Dr. Hussain Malik, (late Professor of Quaid-e-Azam University, Islamabad.) He set a limit for minimum per capita monthly expenditures : Rs. 159 and Rs. 176 per month for Rural Areas.
Measurement of Poverty
3. Per Capita 2550 Calories measure: This criteria was presented by Dr. Hussain Malik A person must get 2550 calories per day. If a person get less than 2550 calories a day, then he is living below the poverty line.
Measurement of Poverty
4. Per Capita Basic Need Approach: This criteria was presented by Mr. Mushtaq Ahmad, He was an Ex-Senior Economic Advisor, Govt. of Pakistan. He stipulated a poverty line as a whole at Rs. 388 per month on 1991-92 price level. The line was set for a family comprising 4 children and 2 adult.
international level at $2/day. Some countries are agreed upon the poverty line of $1/day. So, as per modern economists the poverty line is settled at $2 per day. So, if a person earns less than $2 per day. He is living below the poverty line.
65.5% population of Pakistan earns less than $2 per day. However, there doesnt exist coincidence regarding poverty line.
regarding the measures of poverty. Some of them use the criteria of basic needs to measure poverty where not only income but the peoples access to different services will be included. Some economists consider per capita calories better than the other criterion. Some experts use the criteria of 2350 calories per capita while other use 2550 calories per capita.