Saturday, October 30, 2021

PM credits govt policies for ‘cut in poverty’

Prime Minister Imran Khan has hailed the government’s policies of productivity-led growth after the release of the latest estimates of poverty reduction by the World Bank. In a tweet on Friday, the premier shared the poverty reduction statistics of the global lender and attributed the government policies for such results “Acc to World Bank estimates based on int’l poverty line of $1.90 PPP 2011 per day, poverty incidence has fallen to 4.8% in FY21 from 5.3% in FY20; & is expected to continue downwards to 4.0% by FY23,” the PM said. “This is [a] result of our policies of productivity-led growth to create employment,” the premier added. Read Govt drops petroleum bomb The ruling party has launched many initiatives that are aimed at reducing the rate of poverty in the country. However, the government has also received criticism over its handling of the issues. Under the banner of Ehsaas, the government has launched initiatives to counter hunger, livelihood, education, and health-related problems.

from Pakistan News, Latest News Pakistan, Pakistan Headline | eTribune https://ift.tt/3GCIQlJ

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