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Poverty in Pakistan. Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month.
In April 4, the World Bank projected about 4 million Pakistani people falling below the lower middle-income ($3.6/day ) poverty line amid economic growth plummeting to just 0.4% against a target of 5pc. [39] In May 2023, Pakistan's inflation rate reached 38%, surpassing Sri Lanka to become the highest country in Asia. [40]
The Poverty Alleviation and Social Safety Division is a division of the Cabinet Secretariat in Pakistan that was established in 2020. It's responsible for formulating and implementing policies and programs aimed at reducing poverty, improving social safety nets, and providing assistance to vulnerable segments of society.
Pakistan's fiscal deficit will be significantly worse than projected this fiscal year, with the fallout from the novel coronavirus pandemic pushing millions into unemployment and poverty ...
The new extreme poverty line of $2.15 per person per day, which replaces the $1.90 poverty line, is based on 2017 PPPs. [7] This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty. About 648 million people globally were in this situation in 2019. [7]
Demographics of Pakistan. Pakistan had a population of 241,495,112 according to the final results of the 2023 Census. [3][4][5] This figure includes Pakistan's four provinces e.g. Punjab, Sindh, KPK, Balochistan and Islamabad Capital Territory. AJK and Gilgit-Baltistan's census data is yet to be approved by CCI Council of Pakistan.
The Benazir Income Support Programme (BISP) is a federal unconditional cash transfer poverty reduction program in Pakistan. Launched in July 2008, it was the largest single social safety net program in the country with nearly Rs. 90 billion ($900 million) distributed to 5.4 million beneficiaries in 2016. [3]
The Census Bureau estimates that 22% of Bellingham residents lived below the poverty line in 2023, up from 14.3% in 2022 and 19.8% in 2021.