Pakistan, June 7 -- A sizeable 44.7% of Pakistan's population is now considered to be living below the World Bank's newly updated international poverty line, set at $4.20 per person per day.

This figure comes as the World Bank carries out a routine global revision of its poverty thresholds to account for evolving price levels and fresh data.

As a lower-middle-income country, Pakistan's new poverty statistics also reveal that the extreme poverty line, now at $3 per person per day, impacts 16.5% of the population, a substantial increase from 4.9% under the previous $2.15 benchmark. Furthermore, the upper-middle-income poverty line, established at $8.30 per person per day, encompasses a vast 88.4% of the country's population.

As per the n...