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Poverty in Pakistan has been recorded by the World Bank at 18.7-25.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2024–25. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [ 2 ] set at Rs.
That month Pakistan also ended a four-year streak of outflows (totaling $1.4 billion) in Treasury Bills, earning $875 million. According to Bloomberg, Pakistan's stock became the "world’s best performer", increasing 73% in the past 12-months. Treasury Bill yields became some of Asia's highest, while foreign reserves rose to a two-year high. [73]
Pakistan's largest food crop is wheat. In 2017, Pakistan produced 26,674,000 tonnes of wheat, almost equal to all of Africa (27.1 million tonnes) and more than all of South America (25.9 million tonnes), according to the FAOSTAT. [70] In the market year of 2018/19, Pakistan exported a record 4.5 million tonnes of rice. [71]
Pakistan's fiscal deficit will be significantly worse than projected this fiscal year, with the fallout from the novel coronavirus pandemic pushing millions into unemployment and poverty ...
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952. [3]
As of 2008, over 17% of the total population was found abjectly living below the poverty line [3] while the unemployment rate, as of 2010, numbered up to an unprecedented 15%. [4] According to the Asian Development Bank (ADB), 24.3% lived below the national poverty line in 2015. [5]
Child labour in Pakistan is the employment of children to work in Pakistan, which causes them mental, physical, moral and social harm. Child labour takes away the education from children. [ 1 ] The Human Rights Commission of Pakistan estimated that in the 1990s, 11 million children were working in the country , half of whom were under age ten.
Pakistan Bureau of Statistics released religious data of Pakistan Census 2017 on 19 May 2021. [ 65 ] 96.47% are Muslims, followed by 2.174% Hindus, 1.27% Christians, 0.09% Ahmadis and 0.02% others. The 2017 census showed marginal increase in the share of Hindus .The census also recorded Pakistan's first Hindu-majority district, called Umerkot ...