World Bank estimate says poverty in Pakistan rose to 5.4% in 2020


Content Team
Image Credit: Shortpedia

As the economic condition in Pakistan continues to deteriorate, the World Bank has estimated that poverty in Pakistan has increased from 4.4 percent to 5.4 percent in 2020. As per the estimate, more than 2 million people have fallen below the poverty line in the country. If the lower-middle-income poverty rate is taken into account, the poverty ratio in Pakistan is expected to remain at 39.2 percent in 2021-22.