New Delhi, Jan 14 (IANS) Pakistan’s Household Integrated Economic Survey (HIES), published after a gap of six years, exposes the extreme level of poverty in the country with food-insecure households surging from 15.9 per cent in 2018 to 2019 to a staggering 24.4 per cent in 2024 to 2025, according to a report in the local media.The HIES figures confirm Pakistan’s deepening human development crisis amid shrinking incomes, rising poverty, and widening inequality resulting from the prolonged sp…
Latest Income Inequality News & Updates
New Delhi, Jan 14 (IANS) A lack of sustained growth has left real incomes falling which led to a ‘failing Pakistan’ despite signs of macroeconomic stabilisation and reform, a report said on Wednesday. The Express Tribune said in a report citing Household Integrated Economic Survey (HIES) data that the improved headline indicators alongside deteriorating social outcomes suggest a stark contrast.Real GDP growth averaged just 2.47 per cent across recent years barely in line with population growth…
New Delhi, Jan 12 (IANS) Facing a severe economic crunch in the absence of political will, net losses of state-owned enterprises (SOEs) in Pakistan surged by 300 per cent, while taxpayer-funded fiscal support surged to Rs 2.1 trillion (local currency), according to a new report.The Tribune Express writes in an Editorial that the “headline numbers are troubling”.“Aggregate SOE revenues fell by Rs 1.4 trillion to Rs 12.4 trillion in FY25, while overall net losses widened sharply to Rs 122.9 …