A non-profit organisation dedicated to imparting formal and skill-based education to deserving students has expressed deep concern over a potential surge in out-of-school children, echoing warnings from the World Bank (WB) regarding a significant increase in the poverty ratio in Pakistan.
Maulana Bashir Farooqi, Chairman of Saylani Welfare International (SWIT), highlighted the diminishing financial capacity of labour-class individuals due to persistent inflation, as outlined in a recent World Bank report. He emphasised the detrimental impact of stagnant wages and escalating prices of essential goods, which could deprive labourers of the means to afford their children’s education.
Farooqi voiced serious apprehensions about the World Bank’s projection that an additional 10 million Pakistanis could fall below the poverty line this year amidst ongoing economic turmoil. He criticised the apparent indifference of the new government towards the economic crisis, noting their focus on formalities rather than addressing pressing issues.
Despite the perceived governmental shortcomings, Farooqi affirmed the SWIT’s commitment to its charitable endeavours in education and healthcare, supported by donors and philanthropists. He warned of severe hardships for the impoverished if the poverty rate continues to climb.
Citing the World Bank’s forecast of a 26 per cent inflation rate and 1.8 per cent economic growth rate, Farooqi highlighted the alarming statistic of 100 million Pakistanis already living below the poverty line, with a 40 per cent poverty rate nationwide. He urged leaders to adopt austerity measures and prioritise economic recovery.
Farooqi reiterated the SWIT’s pledge to provide formal education and technical skills to one million children, aiming to cultivate a generation of IT entrepreneurs capable of bolstering Pakistan’s economy through software and IT exports.
He stressed the importance of guiding the youth towards optimism and contributing positively to Pakistan’s future, aligning with the humanitarian principles of Islam upheld by Saylani Trust.
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