Economic Prosperity

Do you guys by any chance know whats the poverty line means?

Yesterday some Pakistani government official mentioned that to be above the poverty line one adult has to earn 848 ruppes per month to full fill his minimum caloric requirement and based on the most current data there are more than 50 million people (40% of all Pakistanis) in pakistan who can not make the minimum requirement.

Is that really true, that there are 5 Cror Pakistanis who can not make 848 rupess per month? So whats all the hub hub about economic prosperity?

And where are these Pakistanis, have you seen any of them, its almost like 2 out of 5 Pakistanis.

Re: Economic Prosperity

40% sounds too small of a number. I'm sure it must be well over 50%.

Re: Economic Prosperity

Jal gaye, barnool lagaye

some ppl cant bare to see any economic progress in pakistan, just because we dont have a bearded maulana ruling

Re: Economic Prosperity

tmx305, I made a statement in general and did not mean to degrade Pakistan. I'm a Pakistani as well and I have just as much right to express my opinions as anyone else.

And keep your bearded mullah rhetoric to yourself.

I looked up the stats and the poverty rate's around 32%.

Re: Economic Prosperity

If you had the brains to comprehend that, I wasnt talking to you sweety!

Re: Economic Prosperity

As if the Mullah had a magic wand to get rid of those 32% poverty ridden Pakistanis. tmx305 those 32% need more than Bernool, how about some cheap sugar and daal, forget the meat they can eat that on Eid.

Re: Economic Prosperity

I dont believe in the numbers or statistics.. Look at our neighbor, India- If the numbers are right thats like 70-80% for them. Numbers can be rigged too. I havent seen much poverty in Pakistan as I saw in India when I visited my ancestor village way back in 1996 in Indian Punjab.. Ppl infact thought we have money since we came from Pakistan :) I told the sikhs there that prosperity comes fom % of your population being punjabi for India the number is of course less compared to their huge starving population.

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Right on, and the bernool was for you minime, not the people, i know you need fresh supply of bernool after reading the newsweek article for sure.

Re: Economic Prosperity

tmx305 ok, I will live with bernool if that makes you happy, even though at my jalan bernool doesn’t work. There is a saying that in a rising tide all boats (at least all boats) should rise in a same rate, but you dont see that happening in Pakistan. Its not a political debate, its not about PPP, PML(N) or (Q) or even the MMA. I salute the present administration for the 8% growth rate, its a fact there is no doubt in it. But look at the ground reality for just the urban poor, that growth rate is not lifting the ordinary boats.

In urban areas, which are supposed to be better than the rural communities, the prices of general commodities are rising on an alarming rate, sugar, daal(lentils), milk, meat, these are the things people eat and survive on. When people are forced to wait for two days to buy a two kilo bag of sugar or to think twice before buying 1 Pao (250g) of daal for 20 rupees do you think they would have enough to buy meat for 230 Rupees/kilo? These are just the essentials they need to survive while the “economy” is growing on an alarming rate. Imagine what would happen if the growth rate was less. The ordinary Pakistani is still waiting for the news of the growth rate to reach him, when was the last time there was a pay raise for teachers, clerks or the federal/Provincial employees. Mind you that these are tax paying people of Pakistan. So what they get in return, drowned in the 8% growth high tide, forget about rising with the tide.

Re: Economic Prosperity

Well what sector is this growth rate reflective of?

Also, are there unions for different sectors like there are in North America? If not, then perhaps that is what might be needed to force the employers to provide their employees with a raise that at least matches the inflation rate.

In addition, does anyone know what the living standard index/rate is like for Pakistan?

Re: Economic Prosperity

economic inequality is worse in pakistan compared to bangaldesh and india

also pop. below poverty
http://www.nationmaster.com/graph-T/eco_dis_of_fam_inc_gin_ind

http://www.nationmaster.com/graph-T/eco_pop_bel_pov_lin