📌 Key Highlights & Quick Takeaways:
- The Urdu Post (Monitoring Desk): The poverty rate in Pakistan will increase to 29 percent in 2025, the economic gap between the rich and the poor.
- According to the World Bank report, the poverty rate at the national level was 22 percent in 2019, in which an increase of 7 percent has been rec.
- The bank attributed the rise in poverty to inflation and rising prices of essential commodities, unequal distribution of resources and declining.
The Urdu Post (Monitoring Desk): The poverty rate in Pakistan will increase to 29 percent in 2025, the economic gap between the rich and the poor has also increased.
According to the World Bank report, the poverty rate at the national level was 22 percent in 2019, in which an increase of 7 percent has been recorded by 2025.
The bank attributed the rise in poverty to inflation and rising prices of essential commodities, unequal distribution of resources and declining incomes of workers.
According to the report, the biggest burden of these factors fell on low-income households, 72.6 million people in Pakistan will remain below the poverty line during 2024.
