Tag Archives: luxuries

The Great Divide

By: Huzaima Bukhari & Dr. Ikramul Haq

The rich-poor divide has been increasing at an alarming rate in Pakistan as evident from a number of informative — though highly disturbing — studies conducted by the World Bank and the Centre for Research on Poverty and Income Distribution (CRPID).

According to latest figures compiled by the World Bank, Pakistan ranks most exposed to poverty risks among 43 countries, with the poverty rate jumping from 23.9 percent to 37.5 percent in three years. This, according to the World Bank, can be described as devastating.

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