Pakistan bears region's biggest poverty burden
9 Articles
9 Articles
Nearly Half of the Region's Poorest People Live in Pakistan, World Bank
The ongoing US-Iran conflict and disruptions around the Strait of Hormuz are adding to economic pressures on Pakistan, according to the World Bank’s latest regional economic update. The report highlighted the impact of higher energy costs on countries already facing financial and economic challenges. According to the World Bank, gasoline prices in Pakistan have increased by more than 40%, while diesel prices have also risen by over 40%. Higher f…
According to the World Bank, one in two people in Pakistan now lives below the poverty line. The number of poor people has increased by 4 percent in the past year.
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