Land of the impure

[ares]

prove it.................

Pakistan Poverty increased to an astonishing 43 Percent - MarketWatch.pk

 

[Gandhi G in da house]

Are you high? Pakistan's poverty rate is much much lower then Bangladesh and India. Infact it's one of the lowest in South Asia. Not to mention Pakistan is the most urbanized nation of South Asia as well. Bangladesh is very much LDC. Bangladesh and Pakistan have similar population but who's GDP is much higher? Please don't even try to compare bangladesh with Pakistan. Compare yourself to countries like Mali or Ethiopia.

You have not kep yourself up to date,

http://www.bluechipmag.com/bc/popular_detail.php?popular=125
From the article,

The World Bank’s Task Force on Food Security had put the ratio at 29.2 percent in 2004-05, 33.8 percent in 2007-08 and 36.1 percent in 2008-09. By these estimates 62 million people (40%) of the country were placed Below the Poverty Line (BPL) in 2008-09.According to the new assessments, at least 20 million people might have joined the previous headcount of the BPL population.





http://articles.economictimes.indiatimes.com/2011-04-16/news/29425262_1_poverty-mdgs-hans-timmer
From the article ,
Regarding India, the report said in 1990 as many as 51.3 per cent of Indian population was living on less than USD 1.25 a day, which got reduced to 41.6 per cent in 2005 and is expected to further decline to 22.4 per cent in 2015.

The decline in poverty has been more drastic in China, where in 1990, as much as 60 per cent people were living under USD 1.25 per day, which is likely to reduce to 4.8 per cent by 2015, the report added.

Both reports are from World bank bro. poverty in pakistan has increased rapidly .It is more than india now .I am using world bank figures according to the world bank poverty line of 1.25$ not any other biased figures.

But still if you want to deny everything that the world says about indian economic growth and also the world bank says about our countries then your are most welcome , it wont change anything on the ground and it wont certainly change the perception of investors and people in general outside pakistan .

 

[Truth Teller]

then wiki says wrong. . Please make some correction there. . . Wiki says 40% ..

Wikipedia is infested by your masters (Bhartis).

 

[Gandhi G in da house]

Wikipedia is infested by your masters (Bhartis).

check the posts above , "bhartis" are not world bank's masters.

What is this tendency of pakistanis to keep labelling someone someone else's master all the time ?

Where does this come from ?

 

[Hammy007]

Pakistan Poverty increased to an astonishing 43 Percent - MarketWatch.pk

those are not exact figures, those contain errors

For the third year in a row, the government of Pakistan refused to state how many people in the country live below the poverty line, although estimates based on data provided by the finance ministry in its economic survey suggest that the poverty rate may have increased to an astonishing 43%.

please read whole thing

 

[Gandhi G in da house]

those are not exact figures, those contain errors

For the third year in a row, the government of Pakistan refused to state how many people in the country live below the poverty line, although estimates based on data provided by the finance ministry in its economic survey suggest that the poverty rate may have increased to an astonishing 43%.

please read whole thing

Classic examples of clutching at straws. Ok read the latest world bank figures i provided , they are exact.You guys have a problem and you must recognise it before poverty goes beyond 50 % and it becomes too late.

 

[DESERT FIGHTER]

Pakistan Poverty increased to an astonishing 43 Percent - MarketWatch.pk

UN & World Bank lie and a blog is true.

http://www.google.com/url?sa=t&sour...Ru9wNaPSAeszOgW0w&sig2=87gBSvdv9WRCX6_O33eY7g

Vs Market watch......... lol

Ur a genius.

 

[Gandhi G in da house]

UN & World Bank lie and a blog is true.

Ur a genius.

World bank doesnt lie and the world bank is a part of the UN .

 

[Gandhi G in da house]

UN & World Bank lie and a blog is true.

http://www.google.com/url?sa=t&sour...Ru9wNaPSAeszOgW0w&sig2=87gBSvdv9WRCX6_O33eY7g

Vs Market watch......... lol

Ur a genius.

That figure of 17 % is old . The figure of 40% from the world bank is latest.

 

[Hutchroy]

Are you high? Pakistan's poverty rate is much much lower then Bangladesh and India. Infact it's one of the lowest in South Asia. Not to mention Pakistan is the most urbanized nation of South Asia as well. Bangladesh is very much LDC. Bangladesh and Pakistan have similar population but who's GDP is much higher? Please don't even try to compare bangladesh with Pakistan. Compare yourself to countries like Mali or Ethiopia.

Pakistan Poverty increased to an astonishing 43 Percent

ISLAMABAD: For the third year in a row, the government of Pakistan refused to state how many people in the country live below the poverty line, although estimates based on data provided by the finance ministry in its economic survey suggest that the poverty rate may have increased to an astonishing 43%.

During much of the press conference, both Finance Minister Abdul Hafeez Sheikh and the finance secretary refused to answer the question on poverty and unemployment rates, despite the fact that nearly every journalist present started off by asking about those two key metrics of the nation’s economic health

Process of Compiling: The question was usually summarily ignored by both the minister and other officials present before the finance secretary finally gave a non-answer, saying that he had no new information on the matter. Since the last poverty survey in 2006, there are no new figures on poverty, said Finance Secretary Waqar Masood, during a press conference that marked the release of the 2011 Economic Survey. The government is in the process of compiling the results of its new poverty survey and will be able to release the data next year. In 2006, the government had determined that 22.3%, a figure that hid the fact that there was an increasingly wide gap between the poverty rates in urban and rural areas. Poverty rates in urban areas are lower by as much as 20% compared to rural areas. The government uses the World Bank’s definition of poverty, which is any person earning less than $1.25 per day. In Pakistan, that figure comes to any person living on less than Rs3,243 per month. The government has not given any reason as to why it does not produce even estimates of the poverty rates, even though this year’s economic survey seems to include suggestions on how much it might have increased by. By the ADB’s estimates, as cited by the ministry of finance, every 10% increase in food prices pushes 2.2% of Pakistan’s population below the poverty line.

The ministry estimates that food prices have risen 94% since its last poverty survey. If the ADB’s estimates hold across several years, poverty in Pakistan has increased to an astonishing 43%. Data from the finance ministry suggest that nearly 75% of the population lives very close to the poverty line and very small changes can push very large numbers of people below it, while relatively medium-paced economic growth can also bring several million people out of poverty as well

 

[Galaxy]

UN & World Bank lie and a blog is true.

http://www.google.com/url?sa=t&sour...Ru9wNaPSAeszOgW0w&sig2=87gBSvdv9WRCX6_O33eY7g

Vs Market watch......... lol

Ur a genius.

Hello, That is 2 Year Old. Latest from same website.

Poverty up by 12.7 percent in three years


LAHORE: The Economic Survey 2010-11 reveals that increase in poverty is directly related to the level of food inflation and factoring food inflation of last five years in accordance with given formula reveals that 41.2 percent or 74.16 million Pakistanis are living below poverty line.

More....

Mansoor Ahmad
Monday, June 06, 2011

 

[Karachiite]

Lmaoo these banyas and fishermen rather believe some next blog rather then World Bank.

Honestly wtf is marketwatch?

 

[ares]

those are not exact figures, those contain errors

For the third year in a row, the government of Pakistan refused to state how many people in the country live below the poverty line, although estimates based on data provided by the finance ministry in its economic survey suggest that the poverty rate may have increased to an astonishing 43%.

please read whole thing

The govt of Pakistan is not releasing the exact figures because it is too embarrassed by these figures (has even asked world bank to with hold new poverty figures ..as the downtrend started in 2008 ..which coincides with the time this govt came in ..hence they fear these figures will further discredit their regime.)

Over last 3 yrs

you have average growth rate of 2.5%
average population growth rate 2.1%
average inflation rate of 15%

Hence not only your percapita growth rate is tending to zero..on the top of every year an average household gets poorer by 15%.

This 43% figure is an educated guess made on the basis of available data..you are invited to round them off to nearest zero(for that feel good feeling)..but you can't make 43% a 17%

 

[Gandhi G in da house]

truth is indeed hard to digest for some of our pakistani brothers , but earlier i though it was only related to terrorism , now i am learning its about world economics as well.

 

[DESERT FIGHTER]

Hello, That is 2 Year Old. Latest from same website.

Poverty up by 12.7 percent in three years


LAHORE: The Economic Survey 2010-11 reveals that increase in poverty is directly related to the level of food inflation and factoring food inflation of last five years in accordance with given formula reveals that 41.2 percent or 74.16 million Pakistanis are living below poverty line.

More....

Mansoor Ahmad
Monday, June 06, 2011

And in 2 years poverty increased 200%..... frm 17% to 45%.

Genius.