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Poverty in Pakistan has been recorded by the World Bank at 25.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month. [3]
[10] According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
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.
Pakistan began a phased lifting of its countrywide lockdown last week despite a rising rate of cases – a move pushed primarily by fears of an economic meltdown.
The nation encountered a lack of economic infrastructure, financial resources, and an industrial foundation, particularly with poverty rates ranging from 55% to 60% in the West Pakistan region. Due to limited capital in the small private sector, the government opted to focus on the public sector to foster economic and industrial development.
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.
According to the Asian Development Bank (ADB), 24.3% lived below the national poverty line in 2015. [5] Poor governance, political insecurity, and religious persecution have further added to the issues faced by the average Pakistani family. The unemployment rate in Pakistan stood at roughly 6.42 percent.
The division's primary focus lies in poverty reduction and the implementation of social safety net programs, with the Ehsaas Programme standing out as its flagship initiative. The Ehsaas Program [ 1 ] is a comprehensive poverty reduction endeavor encompassing a spectrum of interventions, ranging from cash transfers to educational and healthcare ...