Pakistan First !
I read this news article on Geo TV's online news service, and it has really uplifted my spirits. Ofcourse, being an optimist, i always thought this improvement was there, however, to see it in writing makes me think there's hope for this country yet. The naysayers, on the other hand, will always see problems with these statements, saying either the Govt. has 'played' with the numbers or projecting a very unrealistic status in the country. I say to them... LOOK AROUND YOURSELF ! No doubt poverty is still there, and people are suffering, and basic amenities are still missing in a lot of places... but its getting 'better' ! Things are becoming available... lives are getting better.
One major benefit i saw in the last couple of months was the introduction of Microfinancing banks here. These institutions, giving out small loans to poor people on a very payable schedule and very low interest (sometimes even 0%) to help them get up on their own two feet and support their families. Its initiatives like these which help the country, not just feeding the poor ! but allowing them how to feed themselves.
It is my own opinion, whatever others may say, that this Govt. has really come through for Pakistan ! Like its said on the president's official website, "Pakistan First !"
below is the news article which started me off on this post, complete with credits
GEO Pakistan News - Geo.tv
Technorati Tags: pakistan, microfinancing, economic uplift, poverty rates
One major benefit i saw in the last couple of months was the introduction of Microfinancing banks here. These institutions, giving out small loans to poor people on a very payable schedule and very low interest (sometimes even 0%) to help them get up on their own two feet and support their families. Its initiatives like these which help the country, not just feeding the poor ! but allowing them how to feed themselves.
It is my own opinion, whatever others may say, that this Govt. has really come through for Pakistan ! Like its said on the president's official website, "Pakistan First !"
below is the news article which started me off on this post, complete with credits
GEO Pakistan News - Geo.tv
Poverty rate drops by 6.7 percent: PM Aziz ISLAMABAD: Prime Minister Shaukat Aziz said Tuesday country's poverty ratio has lowered by 6.7 percent, whereas unemployment ratio by six percent. Addressing to the National Economic Council here today, the prime minister said inflation rate had increased by 32.1 percent, which has now gone down to 25.4 percent. He said unemployment rate in urban areas has descended from 22.7 percent to 17.2 percent, while that in rural areas decreased from 39 percent to 31.8 percent. During the current fiscal year the rate of economic development was expected to fluctuate between 6 to 7 percent and GDP rate was possible to rise to 7 percent, up from 6.5, he informed. Mr Aziz said under the Vision 2030 energy, water and food security, logistic uplift, strengthening of supply system and attainment of latest technology would be key areas of focus of this government. During last 14 months the Karachi Stock Exchange 100-index has witnessed rise of 57.3 percent. On the other hand, public debt rate in the GDP dropped by 55.7 percent and around 5.5 million jobs were given in different sectors, he highlighted.
Technorati Tags: pakistan, microfinancing, economic uplift, poverty rates