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38.1% Pakistanis Now Below the Poverty Line :US Dept of Agriculture

FOOLS_NIGHTMARE

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More than 90 million Pakistanis have fallen below the poverty line out of the 230 million strong, the highest in the South Asian region, according to the US Department of agriculture. Rapidly increasing Commodity, utility, Fuel and Drug prices have taken a toll on the vast swathes of our populace.

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omi

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Nearly 85 million Pakistanis have fallen below the poverty line out of the 225 million strong, the highest in the South Asian region, according to the US Department of agriculture. Rapidly increasing Commodity, utility, Fuel and Drug prices have taken a toll on the vast swathes of our populace.

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Saaray mil ker ham ko bana rahay hain dash kay bachay. My electricity bill this month was over 40k. The price for a little luxury of sleeping in a comfortable room with an inverter on 26c to a middle class person after working your *** off during the day. MC
 

Bilal9

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Nearly 85 million Pakistanis have fallen below the poverty line out of the 225 million strong, the highest in the South Asian region, according to the US Department of agriculture. Rapidly increasing Commodity, utility, Fuel and Drug prices have taken a toll on the vast swathes of our populace.

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There are various reasons for this, outlined in World Bank article here.


But I am sure Insha-Allah, under Khan Saheb's able leadership, Pakistan Govt. will be able to turn Pakistan around this temporary issue, primarily owing to COVID situation (India can hide their figures but we all know they are in the same boat).

Focus on GDP growth and exports are going to be key for Pakistan. I will withhold any further comments and let Pakistani bhais figure out their situation and any solutions.
 

waz

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Nearly 85 million Pakistanis have fallen below the poverty line out of the 225 million strong, the highest in the South Asian region, according to the US Department of agriculture. Rapidly increasing Commodity, utility, Fuel and Drug prices have taken a toll on the vast swathes of our populace.

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The US department of agriculture?
I take it the inflation rate was their sole variable hence the numbers?
 

ARMalik

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No doubt there is poverty in Pakistan. however, The biggest Poor country is INDIA where more than 500-MILLION PEOPLE LIVE BELOW POVERTY LINE. And so is the USA with millions in poverty. Before the COVID, 45 Million Americans lived below poverty line officially whereas unofficial number is much higher. Now this number has DOUBLED due to Covid!


(Washington, DC) – The United States government has made little progress in stemming the rise in poverty and inequality during the Covid-19 pandemic, Human Rights Watch said today. The government should take urgent action to address the rights of millions of people suffering the compounded economic and social impacts of the pandemic.

A Human Rights Watch analysis of public-use microdata from the Census Bureau Household Pulse Survey shows that the pandemic’s economic fallout has had a devastating and disproportionate impact on the rights of low-income people who were already struggling. President Joe Biden’s American Rescue Plan, a $1.9 trillion coronavirus relief bill passed by the US House of Representatives on February 27, 2021, provides key investments to mitigate the growing economic hardship affecting these parts of the population. The legislation is now with the Senate, where it may be amended before it is sent back to the House for a final vote.

“Millions of people in the US are falling into preventable poverty and hunger,” said Lena Simet, senior poverty and inequality researcher at Human Rights Watch. “The measures put forth in President Biden's relief proposal are urgently needed and the government shouldn’t cut corners when so many lives and livelihoods are at risk.”

Since the start of the pandemic, 74.7 million people have lost work, with the majority of jobs lost in industries that pay below average wages. Many of those who lost work and income are running out of money and savings. In January, some 24 million adults reported experiencing hunger and more than six million said they fear being evicted or foreclosed on in the next two months due to their inability to make housing payments. By contrast, higher-income people have been relatively unscathed economically. Despite the worst economic contraction since the Great Depression, the collective wealth of the US’ 651 billionaires has jumped by over $1 trillion since the beginning of the pandemic, a 36 percent leap.
 

Hareeb

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US dep of agri has better data about Pak eco than central bank of Pakistan? Even IMF and World Bank revised their projection wrt Pak economy but this man...
Farrukh Saleem, yellow charts and intellectual dishonesty should be read and write as synonyms from now onwards.
 

Windjammer

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For any one rejoicing at the chart in the OP, should suck on these figures put out by UNU.
Which again begs the question, how accurate is the DATA by the US source.

As the Narendra Modi-led central government continues to pick pieces in the puzzle to rein in the coronavirus pandemic in India, the economic costs of the nationwide lockdown on millions of poor could be catastrophic. Projections based on a recent analysis by researchers at the United Nations University (UNU) show that, in the worst case scenario, 104 million more people in India could fall below the World Bank-determined poverty line of $3.2 a day for lower-middle-income countries. At present, 60 per cent of India’s population, or an estimated 812 million people, live below that poverty line.

 

Flight of falcon

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These inbred Patwari fool wakes up in the morning and find all the fake and bad news about Pakistan and post it as a PhD thesis to please other inbred Patwaris on this forum.

Since when US Dept of agriculture became an authentic source of data about Pakistan?

what is next?
RSS daily news feed these patwaris will use to feed their inner traitor???
 

Samurai_assassin

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There are various reasons for this, outlined in World Bank article here.


But I am sure Insha-Allah, under Khan Saheb's able leadership, Pakistan Govt. will be able to turn Pakistan around this temporary issue, primarily owing to COVID situation (India can hide their figures but we all know they are in the same boat).

Focus on GDP growth and exports are going to be key for Pakistan. I will withhold any further comments and let Pakistani bhais figure out their situation and any solutions.
As long Pakistan does not take anymore Afghan refugees. The country can no longer cope especially with the trouble next door.
 

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