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On April 4, the World Bank projected about 4 million Pakistani people falling below the lower middle-income ($3.6/day ) poverty line amid economic growth plummeting to just 0.4% against a target of 5pc. [56] In May 2023, Pakistan's inflation rate reached 38%, surpassing Sri Lanka to become the highest country in Asia. [57]
The Billion Tree Tsunami was a tree plantation drive launched in 2014, by the government of Khyber Pakhtunkhwa, Pakistan, in response to the challenge of global warming. Pakistan's Billion Tree Tsunami restores 350,000 hectares of forests and degraded land to surpass its Bonn Challenge commitment.
The Rural Support Programmes Network (RSPN) is the largest development network in Pakistan with an outreach to over 34 million rural Pakistanis. [1] It consists of a network of 12 Rural Support Programmes (RSPs). [2] The RSP’s rely on a community driven model of development.
Beginning in 2005, the first systematic performance benchmarking for water and sewer utilities in Pakistan was initiated by the World Bank's Water and sanitation program as part of a regional project that also covered India and Bangladesh. Eight utilities participated, including five WASAs in Punjab as well as the utilities of Karachi, Peshawar ...
However it is ironic that what the country depends on for its growth is also what threatens the future welfare and success of the country. According to the World Bank, [4] 70% of Pakistan's population live in rural areas and are already stricken by high poverty levels. These people depend on natural resources to provide income and tend to ...
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [46] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [47]
The Pakistan Development Forum (PDF) convenes annually, bringing together the Government of Pakistan and its development partners to address diverse development challenges. It serves as a platform for sharing information, discussing key issues, and fostering collaboration to find solutions.
Plant for Pakistan (Plant4Pakistan), also known as 10 Billion Tree Tsunami, was a five-year project to plant 10 billion trees across Pakistan from 2018 to 2023. [1] Prime Minister Imran Khan started the drive on 2 September 2018 with approximately 1.5 million trees planted on the first day. [ 2 ]