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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 ...
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.
"Zaroori Tha" by Rahat Fateh Ali Khan is the most-viewed Pakistani video on YouTube. It is also the first Pakistani video to reach 1 billion views. On the American video-sharing website YouTube, "Tajdar-e-Haram" sung by Atif Aslam became first Pakistani music video to cross 100 million views.
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. EXCLUSIVE-Pakistan's deficit and ...
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 ...
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 ...
For much of the past decade, policymakers and analysts have decried America's incredibly low savings rate, noting that U.S. households save a fraction of the money of the rest of the world.
The Poverty-Growth-Inequality Triangle was originally introduced by Bourguignon in a paper presented at the Conference on Poverty, Inequality and Growth in Paris on November 13, 2003. A modified version of the paper was presented at the Indian Council for Research on International Economic Relations in New Delhi on February 4, 2004. [2]