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In April 4, the World Bank projected about 4 million Pakistani people falling below the lower middle-income ($3.6/day ) poverty line amid economic growth plummeting to just 0.4% against a target of 5pc. [39] In May 2023, Pakistan's inflation rate reached 38%, surpassing Sri Lanka to become the highest country in Asia. [40]
Poverty in Pakistan. Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 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.
As of 2008, over 17% of the total population was found abjectly living below the poverty line [3] while the unemployment rate, as of 2010, numbered up to an unprecedented 15%. [4] According to the Asian Development Bank (ADB), 24.3% lived below the national poverty line in 2015. [5]
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.
241,499,431 ( 13.3%) Most populous province. Punjab (127,681,655) The 2023 Census of Pakistan was the detailed enumeration of the Pakistani population and the seventh national census in the country. [1][2][3] It was conducted by the Pakistan Bureau of Statistics. [4] It was also the first ever digital census to be held in Pakistan, including ...
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.
Pakistan Poverty Alleviation Fund (PPAF) is a Pakistani not-for-profit company based on the model of public-private partnership. PPAF aims to promote an effective approach to poverty alleviation across Pakistan. A number of leading multilateral, bilateral, and international corporate institutions such as the World Bank [1] contribute to PPAF ...
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. ... Dollar and stocks gain as Fed charts 'soft landing ...