Pakistan’s elite consuming $17.4bn of economy in perks, UNDP

Economic privileges accorded to the powerful elite groups in Pakistan add up to an estimated $17.4bn or six percent of the economy, reported by United Nations.

Released last week, the United Nations Development Programme’s (UNDP) National Human Development Report (NHDR), the report “Power, People and Policy” highlighted the issues of inequality in the South Asian Country of 220 million people and the stark disparities of income and economic opportunities in the country.

“Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it”, read the report.

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