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Essay On Poverty Reduction Strategies

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When you make a list of problems a country faces, poverty is usually on the top half of that list. The economy of a country is like a human body, if there is a problem in one part, example, if you have a fever, you will get a headache, your body would be exhausted, you would probably have a blocked nose and a scratchy throat too. Same goes with poverty, when a countries poverty level is high, people do anything they can to get money. Whether its Prostitution or even joining a terrorist organization just to provide for themselves or their families, rob someone or kill someone. People would do anything to survive and that’s not all the poverty brings to the table, death rate of the country also rises, literacy rate decreases, etc. These are just a few problems that I’ve mentioned, the list goes on. No one is country is safe from poverty, but the rate of poverty varies. It is how a country controls their level of poverty. Example, China has almost wiped the poverty from the urban areas by using various measures. Currently, 1 out of 10 people in the country is poor. While in an African nation, such …show more content…

An Interim Poverty Reduction Strategy Paper in 2001 was followed by Pakistan 's first PRSP, which was implemented in 2004 and ended in 2006. PRSP-II, the latest strategy paper, was implemented from 2008 till 2010. The two papers aims at achieving rapid, broad-based economic growth while maintaining macroeconomic stability; improving governance, investing in human capital, improving public service and targeting the poor with a focus on reducing inequalities. UNDP along with the Ministry of Finance launched the Strengthening Poverty Reduction Strategy Monitoring Project in 2008 which is housed in the Finance Division at Federal level with its provincial offices in the P&D Departments at Punjab, KPK and

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