Poverty use to be 14 ~ 15 percent in 1990. Ganja and Budnazar has done such a nice job that it has doubled. Actually the only improvement made in the opposite direction under our great leaders if you can call them leaders. 100 percent improvment.. LOL…
Poverty in Pakistan persists at 33 percent since 1998-99: Asian Bank
RECORDER REPORT ( http://www.businessrecorder.com/ )
ISLAMABAD (January 29 2003) : The level of poverty in Pakistan was around 33 percent in 1998-99 and has not improved since then, according to ADB assessment.
Answering a question at a press conference here on Tuesday, Resident Mission chief M Ali.
Shah said that the assessment was made some four years ago. According to it the rural poverty was assessed at 40 percent, he said.
During these years, he assumed, the poverty level continued at the same level, because the overall growth of economy since then was not substantial, while unemployment continued to plague the economy.
“Has it worsened?” was the next question to Shah, who said that one could assume it might have worsened for lack of economic growth and investment.
The press conference was jointly addressed by Shah and the visiting ADB executive Y. Iwasaki, Director-General South Asia Department, who briefed about the ADB’s new programme for the current year.
Iwasaki said that poverty has various facets. The income-based poverty level is a complex issue.
Income below one dollar a day is an important indicator, but not the entire indicator.
How deep poverty is at one dollar a day, less than a dollar and fifty cents a day are difficult to assess.
Then there is another dimension of poverty like availability of education, primary health care or drinking water, etc.
According to him the ADB is focusing on the human conditions which seem to be improving.
Iwasaki said that the mission would discuss the poverty issue with the government.
The team is expected to meet the finance adviser to PM, Shaukat Aziz, on Wednesday.
It may be mentioned that the ADB poverty assessment published in August 2002 identified poor governance as a prime cause of poverty in Pakistan.