ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Alleviating Poverty?

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The China–Pakistan Economic Corridor (CPEC) project initiated in 2013, with an outlay of $46 billion, includes building of road and railways networks, upgradation of the Gwadar Port, anddevelopment of several special economic zones (SEZs) in Pakistan. The CPEC has been dubbed as a game changer that will play the role of a catalyst for regional connectivity and development, not only for Pakistan, but for the entire region.

Two years since the signing of the CPEC, the country struggles to overcome bomb attacks on ordinary citizens carried out by terrorists and uneasy relationships on its eastern and western borders. One of the nine countries in the world that have nuclear weapons, four out of 10 Pakistanis live in poverty, according to the official multidimensional poverty index 2016. With an unevennational geography of poverty, 9.3% poor live in urban areas as compared to 54.6% in rural areas.

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Updated On : 7th Jul, 2017

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