Twirp : Terrorist Wahabi Islamic Republic Pakistan

[Naresh]

<b>Mudy Ji - Viren Ji et al:</b>

I refer you to my earlier Post :

<!--QuoteBegin-Naresh+Apr 4 2008, 03:57 AM-->QUOTE(Naresh @ Apr 4 2008, 03:57 AM)<!--QuoteEBegin--><b>Pakistani Poverty increases by 40pc in 8 years</b>

<!--QuoteBegin--><div class='quotetop'>QUOTE<!--QuoteEBegin--><b>ISLAMABAD- Number of the poor in the country has increased to 73.6 per cent of the total population from 33.6 per cent during the last eight years</b> on the basis of two dollars per day purchasing power.<!--QuoteEnd--><!--QuoteEEnd-->

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There is an important point that we have missed i.e. <b>Number of the poor in the country has increased to 73.6 per cent of the total population from 33.6 per cent during the last eight years <span style='font-size:21pt;line-height:100%'>on the basis of two dollars per day purchasing power</span></b>

Since the Pakistani Federal Finance Minister Ishaq Dar has based it on “Purchasing Power” it means that the Two US Dollars referred to are on “Purchasing-Power-Parity” Basis.

Please check the following from the I M F :

<b>Pakistan : 2008 - Implied PPP conversion rate - National currency per current international dollar : 19.793</b>

Does this mean that the Pakistani Poverty Rate is based on a Figure of Pakistan Rupees 39.526 which at US Dollar 1 = Pak Rs. 63 Equates to about US Cents 63 (US Cents Sixty Three) Daily?

Many thanks in advance.

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