It is no wonder when the ruling parties in Pakistan show concern with respect to the population living below the poverty line. According to the statistics of 2016, 60 million Pakistanis are living below the minimum daily wage of $2, which makes almost half of the entire population. The rising poverty and increasing unemployment conditions, pose a major threat to increasing crime rate and brain drain too. This has become an important topic in recent years because people realize the importance of peace, stability and economic development in a country.
Many scholars have tried explaining poverty using lack of productivity and literacy levels of domestic workforce as escape goats but the truth however lies behind corruption and poor government strategies. In 2009-2010, literacy levels climbed up to 60%of the population but the problem persisted due to the inequality of the numbers (70%of men being literate while the count for women was just 45%). Another major problem is the lowest health expenditure by government on health sector, which results in massive health crisis leading to further socio-economic problems.
When it comes to ending poverty in Pakistan, the major obstacle to be considered is the youth unemployment in urban and rural areas. The high growth rate of population is one major cause of unemployment and lack of opportunities is a direct result of reluctant investors due to political turmoil. Unemployment has plagued capitalism and though modern macroeconomic theory has been able to explain the causes and costs, recession takes heavy toll on economy. The most crucial and new approach to tackle poverty in Pakistan will involve a strong focus on education and training which is controversial at the same time as it is an investment that threatens to change society and it’s power balance. A more educated population is difficult to manage, as it requires many societal and traditional transformations.
Apart from government, non-profit boards serve as a good back-end support in eradicating illiteracy. The specific programs are aimed at making policies that focus on training parents to send their kids to school and stop child labor. These type of anti-poverty programs can make big differences if implemented properly!