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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 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]
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 Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
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.
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 September 2024. World map representing Human Development Index categories (based on 2022 data, published in 2024) Very high (≥ 0.800) High (0.700–0.799) Medium (0.550–0.699) Low (≤ 0.549) Data unavailable World map of countries or territories by Human Development Index scores in increments of ...
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.