Economy
FATA is the most impoverished part of the nation. Despite being home to 2.4% of Pakistan's population, it makes up only 1.5% of Pakistan's economy. With a per capita income of only $663 in 2010 only 34% of households managed to rise above the poverty level.
Due to the FATA's tribal organization, the economy is chiefly pastoral, with some agriculture practiced in the region's few fertile valleys. Its total irrigated land is roughly 1,000 square kilometres. The country does not have a system of banks. The region is a major center for opium trafficking, as well the smuggling of other contraband.
Foreign aid to the region is a difficult proposition, according to Craig Cohen, an analyst at the Center for Strategic and International Studies in Washington, D.C. Since security is difficult, local nongovernmental organizations are required to distribute aid, but there is a lack of trust amongst NGOs and other powers that hampers distribution. Pakistani NGOs are often targets of violent attacks by Islamist militants in the FATA. Due to the extensive hostility to any hint of foreign influence, the American branch of Save the Children was distributing funding anonymously in the region as of July 2007.
Read more about this topic: Federally Administered Tribal Areas
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)