United Nations, April 30 (IANS) Warning of a steep fall in economic growth and a rise in poverty around the world due to the Iran war, UN Secretary-General Antonio Guterres reiterated his demand for the immediate restoration of free navigation in the Strait of Hormuz.”As with every conflict, the whole of humanity is paying the price – even if a few are reaping huge profits,” he told reporters. “The pain will be felt for a long time to come.”The war’s “consequences are not cumulative. They ar…
Latest Poverty News & Updates
New Delhi, April 29 (IANS) The ‘2026 Global Report on Food Crises’ (GRFC) lists Bangladesh among the top 10 countries with the largest number of people who faced high levels of acute food insecurity in 2025, according to an article in The Daily Star, a Dhaka-based newspaper.According to the report, around 1.6 crore people in Bangladesh faced crisis-level food insecurity or worse during the 2025 peak. These represented 17 per cent of the analysed population, although the report also notes that th…
Islamabad, April 23 (IANS) Pakistan’s deteriorating global reputation has been jolted further by a recent incident at a government hospital in Punjab province where 331 children were infected with HIV. The incident in Bhakkar city has “shaken the very conscience of humanity”, sparking serious questions about national priorities, reported ‘Khalsa Vox’ while also citing that the country’s Inter-Services Intelligence (ISI) has for long dented the country’s image by supporting Khalistani terrori…
New Delhi, April 12 (IANS) Pakistan is facing renewed concerns over rising poverty levels, with fresh estimates by the Social Policy and Development Centre (SPDC) suggesting that the country’s poverty rate has climbed to 43.5 per cent, a report has said. This figure is significantly higher than the 28.9 per cent estimated by the Pakistan Bureau of Statistics (PBS) based on the Household Integrated Economic Survey 2024-25, as per the Business Recorder report.The divergence in estimates stems la…
New Delhi, April 9 (IANS) Pakistan’s economy has come under further stress due to external shocks triggered by the West Asia crisis, as the country struggles under a mountain of foreign debt with weak GDP growth, declining investment and rising inflation, according to an article in Lisbon Post.Public debt has surged dramatically over the past several years, rising from approximately Rs 43 trillion (Pakistani rupee) in 2018 to Rs 80.52 trillion by the end of fiscal year 2025. At the same time, …
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…
New Delhi, April 1 (IANS) Factors like regional conflict and the temporary closure of the Strait of Hormuz account for only a portion of the increase in fuel prices in Pakistan, according to a new report, which stresses that the majority reflects “structural mismanagement, delayed reforms, and political considerations”.The Pakistan Observer report mentions that officials described the Middle East situation as an exceptional global crisis, while emphasising that precautionary steps had already be…
New Delhi, March 24 (IANS) Aam Aadmi Party (AAP) Member of Parliament Malvinder Singh Kang on Tuesday criticised the Union Government while speaking on the Finance Bill 2026 in Lok Sabha, stating that the government’s claims of economic strength and reforms over the last decade stand completely disconnected from the ground reality. Kang said that while the Finance Minister has made tall claims about economic progress, the real picture of the country’s economy is deeply concerning.“If we lo…
New Delhi, March 21 (IANS) Bangladesh’s launch of the Family Card programme, promising 2,500 (in local currency) monthly allowance for vulnerable families risks serious fiscal strain and may doom its overburdened social‑welfare system, a new report has said.Bangladesh’s tax‑to‑GDP ratio, one of the lowest in the world and inflexible commitments in its national budget, including debt interest and power subsidies, leave little room for a new recurring commitment, said a report from Banglad…
New Delhi, March 20 (IANS) Economic fragility in Pakistan has reached a critical stage following the US–Israel war with Iran due to the drastic escalation in oil prices and the surge in the trade gap, a Pakistani media report said.In terms of per capita income, economic growth rate, dwindling exports and low foreign exchange reserves, Pakistan is in dire straits, according to an article in the Lahore-based Friday Times.Pakistan’s economic fragility is reflected in its GDP growth rate, which …