Poverty reduced to half in Musharrafs regime: WB report

Pk001

Politcal Worker (100+ posts)
Poverty reduced to half in Musharrafs regime: WB report

Saturday, August 07, 2010
By Mehtab Haider

ISLAMABAD: A World Bank survey has revealed that poverty in Pakistan was reduced by 50 percent on consumption-led growth of the economy under the rule of the former president, Pervez Musharraf.

The percentage of the people living below the poverty line in Pakistan fell from 34.5 percent in 2001/02 to 17.2 percent in 2007/08, World Bank said in its Country Partnership Strategy (CPS) paper, based on a survey conducted in fiscal year 2007/08. The bank is going to provide $6 billion to Pakistan on the basis of CPS findings.

According to Planning Commission officials, the PPP-led government asked the commission to conceal the results of the survey because the poverty started rising after the Musharrafs regime.

According to the WB survey, poverty in urban areas fell from 22.7 percent in 2001/02 to 10.1 percent in 2007/08. In rural areas, it declined from 39.3 percent in 2001 to 20.6 percent in 2007/08, it said.

This progress was a result of growth in real per adult consumption expenditure and declining inequality from 2005/06 to 2007/08, the report said.

Key human development indicators of educational attainment, health outcomes and unemployment rates also corroborated these figures, the officials said.

The report showed that the pace of poverty reduction varied across provinces. Poverty in Punjab and Khyber-Pakhtunkhwa steadily declined from 1998/99 onwards. In Sindh and Balochistan, it recorded sharp rises in 2001/02 and 2005/06, possibly owing to weak agriculture performance in those years, the report said.

The reduction in poverty in KP is particularly noteworthy as officials believe that it was facilitated by higher remittances through both foreign and domestic channels. The large volatility in poverty suggests that a substantial portion of Pakistans population is vulnerable, living close to the poverty line, and could fall into poverty as a result of shocks, the report said.

The overlap between vulnerable and poor households is low as about 60 percent of the highly vulnerable population does not belong to the poorest 20 percent. This means that a significant share of the non-poor population is as vulnerable as poor households, it said.

The WB report conceded that the gains in poverty reduction may have been partly reversed in the wake of the recent economic crisis.

Food and fuel prices rose by 23.7 and 18.4 percent, respectively in the review period, resulting in a 21 percent reduction in the purchasing power, it said.

The 2007/08 household survey results also suggest that poverty started rising towards the end of the fiscal year.

Officials said that the impact of the recent economic downturn on poverty levels in the country will only be known when the next household survey is conducted.

The Task Force on Food Security estimated that poverty headcount increased to 33.8 percent in 2007/08 and 36.1 percent in 2008/09. This means that about 62 million people were below the poverty line in 2008/09.

Data suggests that between 2005 and 2009, over 12 to 14 million people may have been added to the ranks of the poor in Pakistan. This would translate into an increase in poverty from 22.3 percent of the population in 2005/06 to between 30-35 percent in 2008/09, the report added.


http://www.thenews.com.pk/daily_detail.asp?id=255182
 

GeoG

Chief Minister (5k+ posts)
Title should read Poverty Reduced to Half
Thanks to Shaukat Aziz Adultration of Figures.
 

qasim845

Banned
He was able to succeeed in bringing down the poverty bcz he was not corrupt and didnn't have any intension to bring his son in politics. What a Shame being Pakistani, where country is suffering from a severe flood but its President is worrying only about his son.
 

atensari

(50k+ posts) بابائے فورم
مر نا جاتے اگر اعتبار ہوتا
 
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rahat

Senator (1k+ posts)
These figures are not based on the ground realities. Actually the conditions were improved of wealthy peoples / privileged classes in ll era and are continue till today. The World Bank represent the exploiters, internationally and their sub-agents in different nations.

We need a real revolution against these exploiters in order to improve the conditions of the human beings and it is only possible by adoption of “Quranic System" free from "RIBA or Interest"
 

gazoomartian

Prime Minister (20k+ posts)
Poverty reduced to half in Musharrafs regime: WB report

World Bank, media in US/UK, politician in US/UK most of the time fudge numbers to give high ratings to the Pak ruler if the like him/her. My point is proven by BB' resurge of popularity in US media after she agreed with the US that, if elected, she would handover Pak's nukes.

When ever we open TV, BB is in the news one way or the other.

WB may be promoting Mush by issuing this analysis.
 

hawk eyed

MPA (400+ posts)
nah.......it should b like.......poor people reduced to half in mush`s regime(due to suicides,lack of food,malnutrition etc)its not ghurbat mukao......its ghareeb mukao....GEO MUSH..........aik chittar ap ki b rah dekh rha hai:P
 
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Star Gazer

Chief Minister (5k+ posts)
So what are the actual figure? or do you think denying it is enough argument?
By the way I am sure the DEMOCRATIC government is set to roll everything back to eliminate all the Nishanian of the Dictators rule!
 

small4780

Banned
Jamation ganjoo such and fact bahot karwi hoti hai. Mushi bhai zinda bad. Mushi key band ab zardari tum logon key seeno par mung dal raha hai dekho democracy ka tohfa. Jamation and gunjo tabahi aur barbad key sewa ab tumharey pass kuch bhi nahi. Tum logon ki waja say mulk tabah ho raha hai. Mushrraf ka daur kaheen behtar tha. Tum logon ki jhot aur munafiqat ki waja say aaj mulk par azab aya howa hai aur mulk tabah ho raha hai. Mushi bhai key duar mein zalzala aya aur ketna acha tackle kiya aur tum aik flood tum logon say handle nahi ho raha. Zardari to tum logon ko full time tabah kar dey ga kiyon key you people deserve it. Zoredari kayisay tum logon key seno par mung dal raha hai aur tum kuch bhi nahi kar saktey us leya ka zoredari ka vote bank pukka hai aur tumhara vote bank kuccha hai.