Islamabad, April 1 (IANS) Poverty has yet again increased in Pakistan with fresh statistics placing nearly half of the population below the poverty line, demonstrating a widening gap between official claims and lived realities, a report has stated. A recent assessment by the Social Policy and Development Centre, an independent research organisation, has revealed that poverty in Pakistan stands at 43.5 per cent, which implies that around 27 million people are living below poverty line, significan…
Latest Poverty Line News & Updates
New Delhi, Jan 30 (IANS) Pakistan’s socioeconomic crisis is being worsened by rising food inflation and unemployment rates, according to a media report.Maldives Insight cited the World Bank’s data to show that about 45 per cent of the population in Pakistan is classified as living below the Poverty Line (BPL). The country’s unemployment rate remains at a 21-year low, with investment at a 50-year low and gross debt-to-GDP ratio at 71.3 per cent.“All this deepens stagnation, inequality, fi…