Shaukat Tareen, the financial advisor to the Prime Minister of Pakistan spoke of the alarming increase in poverty levels in the nation, standing at a high of 28%.
Addressing a seminar here, Tareen said government's top priority, at the moment, is to bring the rate of inflation down to nine percent.
Children Bear the Brunt of US Poverty Rise: Report
Over 37 million Americans are poorer this year, nearly 46 million have no health insurance, while children bear a high proportion of the burden, an official report showed Tuesday.
Over 37 million Americans are poorer this year, nearly 46 million have no health insurance, while children bear a high proportion of the burden, an official report showed Tuesday.
Tareen said previous governments had ignored important sectors of agriculture, production, human resource development, education and health which are key to progress.
Speaking on the occasion, State Bank Governor, Dr. Shamshad Akhtar said that the growing rate of unemployment and poverty posed greater challenge to the country, which needed to be addressed.
Poverty Gravely Affects Children's Brains
Poverty can not only affect IQ of children, but also negatively impact the brain function and behaviour.
Poverty can not only affect IQ of children, but also negatively impact the brain function and behaviour.
"The IMF did not stop us from supporting the brokers. They asked us for consultations on the issue before making a formal announcement," the Gulf Times quoted him as saying in an interview when asked whether the government had gone back on its promise to support brokers.
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Food Insecurity and Poverty Problems Will Not Be Solved by Biotechnology Alone
Biotechnology may not be the final solution for the food insecurity and poverty problems in Africa and other developing countries, scientists have stressed.
Biotechnology may not be the final solution for the food insecurity and poverty problems in Africa and other developing countries, scientists have stressed.
According to the paper, before seeking a bailout from the IMF, Islamabad had announced a support fund of Rs.20 billion and another 'put option' of Rs.30 billion in a bid to cushion investors.
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Children in Poverty at Risk of Mental Health Problems
The British Medical Association (BMA) has claimed that children who grow up in poverty or other disadvantages are prone to develop mental health problems.
The British Medical Association (BMA) has claimed that children who grow up in poverty or other disadvantages are prone to develop mental health problems.
Source-ANI
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