Poverty 14.6% above official estimates: SPDC

Elite corrupts has ruined the country ..

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Interesting analysis on growing corruption and elite capture.
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This is an indictment of all failed political engineering projects since 1953.
 
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Broadly speaking, there are 2 subdivisions:
1. Poverty
2. Extreme poverty

In pakistan, according to the calculations below [ which are not followed by pakistan ], poverty should be more than 60 % and extreme poverty might be nearer to the estimated figure of 38 -43 % as quoted above.

Even some educated primary school teachers don't earn enough to cross the poverty threshold.

Without the 32 / 33 division level economic model being discussed these days, anything less, is going to drag pakistan into more poverty and economic crisis.

The update results in a new international poverty line of $3.00 per person per day, which replaces the previous $2.15 poverty line based on 2017 PPPs.


The indicator “proportion of the population below the international poverty line” is defined as the
percentage of the population living on less than $3.00 a day at 2021 international prices.


Nearly half of the world’s population currently lives in poverty, defined as income of less than US $2 per day, including one billion children. Of those living in poverty, over 800 million people live in extreme poverty, surviving on less than US $1.25 a day.

 
Broadly speaking, there are 2 subdivisions:
1. Poverty
2. Extreme poverty

In pakistan, according to the calculations below [ which are not followed by pakistan ], poverty should be more than 60 % and extreme poverty might be nearer to the estimated figure of 38 -43 % as quoted above.

Even some educated primary school teachers don't earn enough to cross the poverty threshold.

Without the 32 / 33 division level economic model being discussed these days, anything less, is going to drag pakistan into more poverty and economic crisis.

The update results in a new international poverty line of $3.00 per person per day, which replaces the previous $2.15 poverty line based on 2017 PPPs.


The indicator “proportion of the population below the international poverty line” is defined as the
percentage of the population living on less than $3.00 a day at 2021 international prices.


Nearly half of the world’s population currently lives in poverty, defined as income of less than US $2 per day, including one billion children. Of those living in poverty, over 800 million people live in extreme poverty, surviving on less than US $1.25 a day.

I would love to visit Pakistan. But all this news is disheartening.
 
Wow 38% of total people live in poverty? I want to see the evidence. I think this is all exaggerated. lol.
its not exaggerated, rather the number is way higher, around 80% poverty now
 
its not exaggerated, rather the number is way higher, around 80% poverty now
Show me the evidence. People are not that poor. Pakistan must have improved drastically since the year 1999.
 
LOL!, I think poverty in Pakistan is exaggerated. I cannot be that bad.
lol, you saw that in your own eyes? and living in Canada don't show you a real pics of poverty in Pakistan, I saw that situation with my own eyes 3 month ago, the situation is way worst than you think
 
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