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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]
According to a World Bank report, "Karachi's urban air pollution is among the most severe in the world and it engenders significant damages to human health and the economy". The inefficient use of energy, an increase in the number of vehicles used daily, an increase in unregulated industrial emissions and the burning of garbage and plastic have ...
Pakistan Vision 2025 is a set of goals for social, economic, security, and governance developments outlined by the government of the Islamic Republic of Pakistan to be achieved by 2025. The overall goal is for Pakistan to become an upper-middle income country by 2025 and to eventually become one of the top ten economies in the world by 2047 ...
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 $5,937 million in 2005 by the World Bank. [47]
The Pakistan Development Forum (PDF) convenes annually, bringing together the Government of Pakistan and its development partners to address diverse development challenges. It serves as a platform for sharing information, discussing key issues, and fostering collaboration to find solutions.
The Billion Tree Tsunami was a tree plantation drive launched in 2014, by the government of Khyber Pakhtunkhwa, Pakistan, in response to the challenge of global warming. Pakistan's Billion Tree Tsunami restores 350,000 hectares of forests and degraded land to surpass its Bonn Challenge commitment.
Beginning in 2005, the first systematic performance benchmarking for water and sewer utilities in Pakistan was initiated by the World Bank's Water and sanitation program as part of a regional project that also covered India and Bangladesh. Eight utilities participated, including five WASAs in Punjab as well as the utilities of Karachi, Peshawar ...
Poverty in Pakistan has been recorded by the World Bank at 18.7-25.3% using the lower middle-income poverty rate of US$ 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.