Published on, Sept. 23 -- September 23, 2025 3:02 PM
The World Bank has warned that poverty in Pakistan is rising again after years of steady decline. In a new report, the bank said that national poverty fell from 64.3% in 2001 to 21.9% in 2018. However, since 2020, the trend has reversed due to multiple shocks. These include COVID-19, inflation, floods, and economic pressure.
The report, titled "Reclaiming Momentum Towards Prosperity," is the first in decades to deeply assess poverty trends in Pakistan. It highlights that Pakistan's consumption-led growth model, while initially successful, has now reached its limits. The World Bank stresses the need for sustainable and inclusive reforms. These reforms should focus on job creation, soci...
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