Comprehensive plan prepared to end poverty: Pakistan

ISLAMABAD: Prime Minister Imran Khan on Wednesday said the government had formulated a comprehensive strategy to pull poor and weaker segments of society out of poverty through wealth creation and improving purchasing power of people.

Presiding over a meeting of Kamyab Pakistan Programme, he cited the examples of China and India and said unlike India which had failed, China had successfully steered millions of people out of poverty during the last 30 years.

“Besides extending financial assistance to the downtrodden segments of the society, the government’s foremost priority is to make the people economically self-reliant,” he added In an informal briefing, an adviser to the prime minister told media persons that the government could not diminish inflation but it was taking steps to improve purchasing power of common man. “We cannot bring down the prices to their previous place, but we can improve purchasing power of the people so that inflation may not affect them,” he said.

Prime Minister Khan said the government had taken a number of steps to improve purchasing power of people as a hefty amount Rs1.1 trillion had been given to the farmers and agriculture sector in the form of subsidies that was benefitting 70 per cent population of the country living in rural areas.

The meeting was attended by Finance Minister Shaukat Tarin, Special Assistants to the PM Waqar Masood and Usman Dar, Naya Pakistan Housing Authority chairman retired Lt Gen Anwar Ali Haider, Habib Bank chairman Sultan Ali Alana, Punjab Bank president Zafar Masood and senior officials concerned and stakeholders.