New Delhi, Feb 22 (IANS) Poverty in Pakistan has risen to its highest level in 11 years, with nearly 29 per cent of the population now living below the poverty line, according to an official survey released by Planning Minister Ahsan Iqbal.The report cited by The Express Tribune showed that around 70 million people are living in extreme poverty, based on a monthly poverty line of Rs 8,484, which is considered the minimum amount needed to meet basic needs.The preliminary findings for the fiscal y…
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New Delhi, Feb 8 (IANS) Pakistan has been struggling with a deepening economic crisis for years, marked by mounting external debt pressures, stagnant growth, and structural weaknesses caused by decades of poor governance and over-reliance on external financing, according to a report.Pakistan’s total external debt stands at approximately $134 billion (as of late 2025 data), representing a heavy load relative to GDP, according to an article in One World Outlook.It faces external debt repayment c…
Mumbai, Jan 16 (IANS) China’s real GDP growth in 2025 is expected to be at about 2.5-3 per cent, far below the government’s stated target of around 5 per cent, raising critical questions about the true health of the world’s second-largest economy, the reliability of official statistics, a report has said.The report from Mizzima News said that the gap is driven mainly by a sharp decline in fixed assets and property investment, persistent producer‑price deflation, and enduring weakness in …