The 2018 Economic Survey revealed that in Pakistan the percentage of people living below the poverty line has fallen over the decade but still stands worryingly at 24.3% in 2015-16. The adverse economic and social effects of poverty are well-researched …
Read More »Ihsan Trust: Alleviating poverty through Interest-free educational loans
The economic survey held in 2016 states that 39% population of Pakistan live in multidimensional poverty, which implies that they are deprived of necessities of life. Although, poverty in Pakistan is not a new discovery. It is high time that …
Read More »Poverty menace: still a long way to go
The nature of poverty is complex, and its causes are diverse. It is characterized by a lack of access to essential goods, services, assets, and opportunities to which every human being is entitled. There should not be any hunger, everyone …
Read More »Poverty Alleviation: Balochistan stands in need of ample planning
Balochistan is the most poor and least developed province of Pakistan. The Multidimensional Poverty Index (MPI) uses a broader concept of poverty than income and wealth alone. It reflects the deprivations people experience with respect to health, education and standard …
Read More »Poverty Alleviation, CSR and Micro Financing under Chinese model
Micro financial poverty alleviation is an important part of poverty alleviation and development, and an important measure to promote farmers’ income, agricultural efficiency and coordinated urban and rural economic development. Pakistan has recently launched a nationwide welfare society construction work …
Read More »Poverty Alleviation, CSR & Micro Financing (Facts & Figures)
Microfinance Industry Indicators Indicators Dec-17 Dec-18 YoY Growth Absolute change % Number of Branches 3,673 4,239 566 15.4 Total No. of Borrowers 5,800,457 6,936,554 1,136,097 19.6 Gross Loan Portfolio (Rs billion) 202.70 274.70 72 35.5 Average Loan Balance 48,695 55,173 …
Read More »Microfinancing plans taking stride in Pakistan
The microcredit schemes’ main objectives which identified by the experts are to halt exploitation of the poor caused through costly informal credit, to offer small loans to poor people at comparatively lower cost as against to available informal loans, to …
Read More »Impressive Govt’s policies to cut poverty, social issues
The Ministry of Finance, Government of Pakistan identified that the government scrutinizes pro-poor expenditure in dissimilar sectors by the Medium Term Expenditure Framework (MTEF) under PRSP-II program. Expenditure on these pro-poor sectors is explaining growing trend in absolute terms also …
Read More »U.S. Poverty Levels Fall To Pre-Recession Low
The U.S. Census Bureau has published a report into income and poverty levels across the United States, finding that median household income in 2018 was $63,179 while median earnings for all workers was $40,247. Poverty has now fallen for the fourth consecutive year, thanks …
Read More »Why tourism policy needs to use more imagination
For too long, tourist destinations have focused on things like growth in arrivals, number of beds, receipts and revenue: a race to keep up with the competition. At the same time, the existing tourism system is outdated. The result? Tourist destinations …
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