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Statistics vary due to the definition of poverty. According to the World Bank, poverty in Pakistan fell from 64.3% in 2001 to 24.3% in 2015. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) fell from 6.2% in 2013 to 4% in 2015. Pakistan has made substantial progress in reducing poverty giving it the second lowest headcount ...
The data is from the most recent year available from the World Bank API. [1] [2] [3] As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. The World Bank updated the global poverty lines in September 2022.
The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
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 ...
Poverty, unemployment and a population boom contribute to Pakistan's current social problems. 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 ]
The Human Development Index (HDI) is a composite statistic used to rank some area by level of "human development" and separate developed (Very High development), developing (High and Medium development), and underdeveloped (Low development) areas.
Manufacturing growth in Pakistan during this time was 8.51 percent, far outpacing any other time in Pakistani history. Pakistan established its first automobile and cement industries, and the government constructed several dams, (notably Tarbela Dam and Mangla Dam), canals, and power stations, in addition to launching Pakistan's space program.
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.