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PAKISTAN POVERTY RATE
'Mediator' Pakistan feels the heat as petrol price breaches PKR 450, diesel goes over 500 due to Middle East warPakistan petrol, diesel prices: The petrol price in cash-strapped Pakistan has increased to PKR 458.40 rupees per litre and diesel has brea...
How many people living in acute poverty in the world?A UN report reveals that over one billion people live in extreme poverty globally, with children forming more than half that number. The re...
About 10 million people at risk of slipping into poverty in Pakistan: World BankThe World Bank's report paints a grim economic picture of Pakistan, with slow growth, high inflation, and missed targets contributing to in...
Pakistan: Short-term inflation surges to 29.88% after rise in price of kitchen productsShort-term inflation in Pakistan has surged 29.88 per cent year on year in the week ending on November 2 due to the increasing prices of ki...
Pakistan: Weekly inflation jumps to 31 per centPakistan yet again witnessed a year-on-year increase in short-term inflation which now stood at 30.82 per cent for the week ending on Augus...
In inflation-hit Pakistan, a 35% salary hike for state govt employeesThe caretaker government in Punjab has cleared 30 per cent to 35 per cent hike for government employees, based on the current basic salary....
Pakistan's inflation to rise to 29.5 per cent in FY23: World BankHowever, the World Bank report on the macro poverty outlook for Pakistan said inflation was expected to moderate over the forecast horizon ...
World Bank projects massive decline in Pakistan's GDP growthThe World Bank says: "The country's outlook is subject to major downside risks, which, if they materialise, could result in a macroeconomic...
Pakistan is South Asia's weakest economy: World Bank reportPakistan had unprecedented floods in July last year, devastating large swathes of farmlands. The forex reserves in the country which hit a ...
World Bank forecast Pakistan's economic growth to further 'slow' to 2% in FY 2022-23The report, issued by a flagship publication of the World Bank Group, said that global growth was slowing sharply in the face of elevated i...
Pakistan's finance ministry warns of risks to country's economyA report in News International cited the ministry as saying that a rise in international commodity prices can build pressure on domestic in...
Poverty in Pakistan rises to over 5 pc in 2020, estimates World BankUsing the lower-middle-income poverty rate, the WB estimated that the poverty ratio in Pakistan stood at 39.3 per cent in 2020-21 and is pr...
Pakistani journalist suggests PM Imran Khan to follow Bangladesh’s development modelZaigham Khan advised the newly elected Prime Minister and the ruling party of Pakistan to follow the Bangladesh model of development instea...
Barack Obama comes down on side of Manmohan Singh, Amartya Sen and socialism in debate about povertyOn Friday, Singh pushed back against the United States on many fronts, quite perceptively persuading President Obama to accept his view on ...
- India, Pakistan should jointly combat hunger and poverty: Nitish Kumar
Nitish Kumar today said India and Pakistan should jointly combat hunger and poverty rather than fighting each other.
Is Pakistan's economy heading for another downturn?The economy is in a bad shape largely because the country is poorly governed. The sharp increase in urban poverty has added to the turbulen...
- Out of the Ashes: United by history but divided by destiny
Sixty years ago when Radcliff Award drew a line on the face of this sub-continent to carve out the state of Pakistan, it resulted in histor...
- Pak social indicators worst in Asia
The Asian Development Bank (ADB), in a special evaluation on Pakistan's 60th independence anniversary described it as a country with "poor ...
- UN plans pension to reduce old age poverty
A universal pension offering of $1-a-day would reduce old age poverty in developing countries, said a UN report.
- Pak's economic growth rate will go down: UN report
The decline in 2006 was caused due to surge in oil prices and the devastation caused by the October 2005 earthquake, the report said.