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Pakistan generally has a low Gini coefficient and therefore a decent distribution of income (relatively lower inequality). [12] In 2015, 24.3% Pakistanis lived below Pakistan's definition of poverty. [13] 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 ...
The Ehsaas Programme was the flagship social protection measure to lead towards a welfare state that is embodied in the Constitution of Pakistan.Its aim was to create precision safety nets, promote financial inclusion and access to digital services, support women's economic empowerment, focus on the central role of human capital formation for poverty eradication, economic growth, and ...
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.
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]
A suicide bomber rammed his explosive-laden truck into a sprawling military post in northwest Pakistan on Saturday, the military and security officials said. Troops responding to the attack in ...
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 ...
Noting that "The top 1 percent own nearly half the country's stocks, bonds, and mutual funds," the video goes on to contrast those impressive holdings with the rest of the country.
Authorities say seven firefighters were injured when two tanker trucks crashed while responding to a large blaze in York, Pennsylvania. Officials said the crash occurred shortly before 11 p.m ...