Income inequality and wealth disparity in Pakistan

According to different figures compiled by the Centre for Research on Poverty and Income Distribution, Pakistan has a high rate of poverty, and the poverty rate is increasing day by day and million of citizens fall below the poverty line. It is suggested that economic policies and monopolization of assets by the ruling elites have contributed to the widening gap between the rich and the poor in Pakistan. Additionally, it is noted that the burden of taxes falls disproportionately on the less privileged classes, while the rich are unwilling to share their wealth with the poor. It is also noted that elected members of parliament in Pakistan often do not file tax returns and keep their assets “baynami” (in the name of others).