About half of the population of Pakistan make less than 2 dollars day Drop of per capita income False figure of number of millionaires , billionaires.
Hand to mouth Pakistanis
By Sadid Quraishi ( writer and Radio host )
Hand to mouthPakistanis According to a 2021 report by the World Bank, 43% of the population of Pakistan lives hand-to-mouth. This means that they live on less than $1.90 per day. The report also found that the number of people living hand-to-mouth in Pakistan has increased by 10% since 2011. Drop of per capita income More poverty The World Bank has estimated a drop in GDP per capita income for Pakistan from $1,613.8 in 2021-22 to $1,399.1 in 2022-23, Why ? There are a number of factors that contribute to the high number of people living hand-to-mouth in Pakistan. These include:
Poverty: Pakistan is one of the poorest countries in the world, with a per capita GDP of $1,210 (PPP).
Inequality: The richest 10% of Pakistanis control more than 40% of the country's wealth.
Unemployment: The unemployment rate in Pakistan is very high.
Gender inequality: Women in Pakistan are more likely to live in poverty than men.
Why? Why? Why ? The high number of people living hand-to-mouth in Pakistan has a number of negative consequences. These include:Hunger: Millions of people in Pakistan do not have enough to eat.Malnutrition: Malnutrition is a major problem in Pakistan, and it affects children the most.Disease: People who live hand-to-mouth are more likely to get sick, because they cannot afford to eat healthy food or get medical care.Violence: Poverty and inequality can lead to violence, as people become desperate and resort to crime.
High population
growth Creating jobs
Providing healthcare
Investing in education
Natural disasters
Poverty traps: Many people in Pakistan are trapped in poverty because they lack access to education, healthcare, and other essential services.
This makes it difficult for them to find jobs and earn a decent living.
Natural disasters distribution system of charities ( zakat, and others ) to poor.
Pakistan has millions , billionaires
How many ?
According to Statista, as of 2022, there are 4 billionaires and 19,200 millionaires in Pakistan.
The 4 billionaires in Pakistan are:
Shahid Khan (net worth: $12.9 billion)
Sadruddin Hashwani (net worth: $3.4 billion)
Malik Riaz (net worth: $1.5 billion)
Mian Muhammad Mansha (net worth: $1.0 billion)
The 19,200 millionaires in Pakistan have a net worth of at least $1 million.
Data can’t show real numbers. Why why why ?
We will never get real data of Pakistani millionaires , billioner
The number of billionaires and millionaires in Pakistan is expected to increase in the coming years. Those who own outside Pakistan getting corrupted money , money laundering , tax evasion, anonymization and hiding their money in Switzerland Banks , buying buildings in London and Europe with different hidden names .These figures are not recorded in above data
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