High food prices send 3.5m Pakistanis below poverty line

[NiceFarmer]

Only ten percent increase in food prices pushes 3.5 million more Pakistanis into extreme poverty (earning below $1.25 a day), noted by Asian Development Bank (ADB) in its recent study report released on Monday.

According to new ADB report, a spike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in South Asia but food subsidies targeted at the very poorest in the region would help them cope with still-high prices.

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High food prices send 3.5m Pakistanis below poverty line​

 

[Bobby]

That is too bad....