ISLAMABAD: (Parliament Times) The Ministry of Planning and Development on Wednesday has admitted in the National Assembly that 29.5 percent people of the total population is living below the poverty line.
In a written statement of the ministry, it was mentioned that about 50.3 million people are earning only Rs 3,030 monthly which is alarming for country’s per capita income.
Ministry of finance has told the house that investment of 19.8 million dollars from food department, 136 million dollars from petrochemicals and 59 million dollars from metal products was reduced in last fiscal year.
It was also stated that investment was also observed ineffective in trade, mining, pharmaceuticals and cemetery sectors due to international recession and energy crisis.
Meanwhile, Speaker of National Assembly Ayaz Sadiq expressed resentment over not getting reply from finance ministry and warned the parliamentary secretary of severe consequences.
