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Elite privilege consuming $17.4bn of Pakistan's economy: UNDP

Damning report highlights the economic and deep-rooted inequalities in the country The report examines the stark disparities of income and economic opportunities in the country. PHOTO: FILE ISLAMABAD: Economic privileges accorded to the powerful elite in Pakistan add up to an estimated $17.4 billion or six per cent of the economy, according to a report by the United Nations. These include the corporate sector, feudal landlords, the political class and the military, according to the UN Development Programme’s (UNDP) National Human Development Report (NHDR) released last week, Al Jazeerareported. The report, based on the prism of “Power, People and Policy”, highlights the issues related to inequality and examines the stark disparities of income and economic opportunities in the country.

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