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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. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) fell from 6.2% in 2013 to 4% in 2015. Pakistan has made substantial progress in reducing poverty giving it the second lowest headcount ...
Poverty, unemployment and a population boom contribute to Pakistan's current social problems. As of 2008, over 17% of the total population was found abjectly living below the poverty line [ 3 ] while the unemployment rate, as of 2010, numbered up to an unprecedented 15%. [ 4 ]
The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
Manufacturing growth in Pakistan during this time was 8.51 percent, far outpacing any other time in Pakistani history. Pakistan established its first automobile and cement industries, and the government constructed several dams, (notably Tarbela Dam and Mangla Dam), canals, and power stations, in addition to launching Pakistan's space program.
Pakistan, [e] officially the Islamic Republic of Pakistan, [f] is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, [g] having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre.
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The Pakistan Bureau of Statistics (PBS) (Urdu: شماریاتِ بیورو پاکستان) is a federal agency under the Government of Pakistan. [1] It is an attached department of the Ministry of Planning, Development & Special Initiatives. It works for collecting statistics in the country. [2]
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.