Pakistan PM advocates economic empowerment on World Poverty Day

In this handout photograph, taken and released by Pakistan’s Press Information Department, Pakistan Prime Minister Shehbaz Sharif speaks during a parliament session in Islamabad on August 2, 2024. (PID/File)
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  • Shehbaz Sharif terms poverty eradication a cornerstone for achieving sustainable development
  • He says government wants to bring down the cost of living amid global economic uncertainties

ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday efforts to alleviate poverty must focus on long-term solutions that lead to economic independence, according to an official statement issued to mark the International Day for the Eradication of Poverty.
The day, observed globally on October 17, raises awareness about the need to eliminate poverty and improve living conditions worldwide. In September last year, the World Bank reported that nearly 40 percent of Pakistan’s population was living below the poverty line due to the country’s ongoing economic challenges.
“We believe that lifting people out of poverty is not just about immediate relief but about creating sustainable pathways to economic empowerment,” the prime minister said. “Eradicating poverty is not just a moral duty but a fundamental cornerstone for achieving sustainable development and ensuring peace and prosperity for all.”
Reaffirming Pakistan’s commitment to the global community in ensuring a world where successful opportunities were not limited to a person’s background or circumstances, he said the government was making efforts for poverty alleviation.
“Our targeted efforts aim at empowering communities, especially women and children, and giving them the tools they need to build a better future,” he added. “As we face global challenges, including inflation and economic uncertainty, the Government of Pakistan remains committed to making life more affordable for its people.”
The prime minister noted Pakistan would continue collaboration with global partners in the inclusive growth, education, health care and environmental sustainability sectors.
“Poverty eradication is also at the forefront of the 17 Sustainable Development Goals (SDGs), which Pakistan remains fully committed to achieving,” he said. “We are also proud of the progress made in empowering women and ensuring that their contributions are integral to the nation’s economic and social fabric.”
Sharif expressed confidence in Pakistan’s “unwavering dedication” to alleviating poverty, urging people to join their efforts of building a more “equitable and inclusive” world.
“On this day, I extend my deepest appreciation to all those, both in Pakistan and around the world, who are working tirelessly to eradicate poverty,” the prime minister concluded.