Poverty in Pakistan hits 11-year high as 29pc population affected

Islamabad: Poverty in Pakistan has reached an 11-year high, now affecting nearly 29 per cent of the population, according to Planning Minister Ahsan Iqbal. The data also shows income inequality has climbed to a 27-year peak, reflecting deepening economic pressures across the country. Officials noted that real incomes and household consumption have declined sharply over the past seven years. As a result, an estimated 70 million people are now living below the monthly poverty line of Rs 8,484, the minimum required to meet basic living needs. The findings highlight widening economic disparities and growing financial strain on households, raising concerns about long-term social and economic stability.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Pakistan is set to develop its first deep-conversion petroleum refinery in Hub, Balochistan, with an estimated $4.5 billion investment. The project under the Greenfield Refinery

Islamabad: Pakistan’s federal debt has surged to an unprecedented Rs 81,930 billion, breaking all previous records, according to reports on June 9, 2026. In the

In a landmark judgment, Pakistan’s Supreme Court accepted the appeals of Abdul Rehman alias Bhola and Zubair alias Chariya, overturning their convictions in the 2012