POVERTY IN PAKISTAN

According to the World Bank’s Poverty Head Count Analysis for 2014, if income per adult in Pakistan is taken as $1.25 per day, then 21 % of the population lives below the poverty line (according to year 2008 population estimates) but if the poverty line is raised to $2 per day in line with international standards for middle income countries, then 60 % of the population falls below the poverty line.

PRODUCTION CAPACITY OF PAKISTAN STEEL MILLS

The production of Pakistan Steel Mills had been increased from 1.40% of the capacity in April 2014 to 30% in December 2014 with the help of the financial restructuring package of Rs. 18.50 billion by the government.

With the current package, the production capacity will reach 77% and in order to sustain and boost the production to 100%, which is 1.10 million tons, an additional amount of Rs13 billion has been requested from the government