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    <pubDate>Thu, 13 Aug 2026 23:59:42 +0500</pubDate>
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      <title>Cutting subsidies to increase poverty</title>
      <link>https://www.brecorder.com/news/3918/cutting-subsidies-to-increase-poverty</link>
      <description>&lt;p class="MsoNormal"&gt;&lt;img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/wheat.2.gif" width="400" height="265" /&gt;KARACHI&lt;span style="font-size: 10pt;"&gt;: The World Bank released the Food price Index on Wednesday which suggests that the price of wheat increased in &lt;/span&gt;Pakistan&lt;span style="font-size: 10pt;"&gt; by 16 percent between June and December, leading to a rise of 1.9 percent in the level of poverty.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;span style="font-size: 10pt;"&gt;The index depicts that the cause of poverty is the poor policies of the government by virtue of gradually curtailing indirect subsidies.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;span style="font-size: 10pt;"&gt;It seems that against the traditional economic policies of the under-developed country subsidies are considered essential for controlling poverty.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;span style="font-size: 10pt;"&gt;The countries that have similar economies to &lt;/span&gt;Pakistan&lt;span style="font-size: 10pt;"&gt; are struggling with adjustment policies to restrict wheat prices under market control.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;/span&gt;Pakistan&lt;span style="font-size: 10pt;"&gt; has opted the policy to eliminate subsidies of basic needs like food and energy.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;span style="font-size: 10pt;"&gt;The trend of food price hike of 2008 to 2010, witnessed sharp increases with relatively smaller increase in the global price of wheat, maize, sugar and edible oil.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;center&gt;&lt;b&gt;&lt;i&gt;Monitoring Desk, 2011&lt;/i&gt;&lt;/b&gt;&lt;/center&gt;&lt;/span&gt;&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoNormal"><img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/wheat.2.gif" width="400" height="265" />KARACHI<span style="font-size: 10pt;">: The World Bank released the Food price Index on Wednesday which suggests that the price of wheat increased in </span>Pakistan<span style="font-size: 10pt;"> by 16 percent between June and December, leading to a rise of 1.9 percent in the level of poverty.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt;">The index depicts that the cause of poverty is the poor policies of the government by virtue of gradually curtailing indirect subsidies.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt;">It seems that against the traditional economic policies of the under-developed country subsidies are considered essential for controlling poverty.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt;">The countries that have similar economies to </span>Pakistan<span style="font-size: 10pt;"> are struggling with adjustment policies to restrict wheat prices under market control.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt;"></span>Pakistan<span style="font-size: 10pt;"> has opted the policy to eliminate subsidies of basic needs like food and energy.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt;">The trend of food price hike of 2008 to 2010, witnessed sharp increases with relatively smaller increase in the global price of wheat, maize, sugar and edible oil.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;"><center><b><i>Monitoring Desk, 2011</i></b></center></span></p>
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      <guid>https://www.brecorder.com/news/3918</guid>
      <pubDate>Mon, 21 Feb 2011 12:05:28 +0500</pubDate>
      <author>none@none.com (Muhammad Iqbal)</author>
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