{"id":8446,"date":"2023-02-16T05:17:13","date_gmt":"2023-02-16T05:17:13","guid":{"rendered":"https:\/\/hrcp-web.org\/hrcpweb\/?p=8446"},"modified":"2023-02-16T05:17:13","modified_gmt":"2023-02-16T05:17:13","slug":"economic-justice-means-fairer-wealth-distribution","status":"publish","type":"post","link":"https:\/\/hrcp-web.org\/hrcpweb\/economic-justice-means-fairer-wealth-distribution\/","title":{"rendered":"Economic justice means fairer wealth distribution"},"content":{"rendered":"

Press release<\/p>\n

Economic justice means fairer wealth distribution<\/strong><\/p>\n

Islamabad, 16 February 2023<\/em>: The Human Rights Commission of Pakistan (HRCP) held the third Asma Jahangir Memorial lecture today in remembrance of its former chairperson. The lecture was delivered by senior economist Dr Pervez Tahir, who spoke on economic justice in light of Pakistan\u2019s deteriorating economic climate.<\/p>\n

Detailing the legal, political and administrative developments in Pakistan\u2019s history, Dr Tahir recalled how founder Muhammad Ali Jinnah had emphasised the need for economic reforms to reduce poverty. However, political instability and successive imprudent financial policies had only led to one economic crisis after another and growing economic disparities, he said.<\/p>\n

Despite an emphasis on economic justice in Pakistan\u2019s constitutional and legal framework, the policies required to realise economic justice were not devised. Moreover, the state has failed to allocate sufficient financial resources to alleviate poverty and reduce economic disparity, one of the primary factors behind economic injustice and exploitation in Pakistan.<\/p>\n

Dr Tahir recommended that the focus of Pakistan\u2019s budgetary allocations must be pro-people above all; the federal government\u2019s size must also be cut down in conformity with the 18th<\/sup> amendment, with property tax devolved to local government, and the income of large landholders must be made subject to the regular tax regime. Economic justice must be reflected in a fairer distribution of wealth and not merely in the growth of income.<\/p>\n

Hina Jilani
\nChairperson<\/p>\n<\/div><\/div><\/div>