Economic, political tension worsens poverty in Pakistan: Report ...Middle East

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Economic, political tension worsens poverty in Pakistan: Report
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In the absence of higher social spending in Pakistan, the lower middle-income poverty rate is expected to increase to 37.2 per cent in 2022-23, according to the World Bank report on the macro poverty outlook for Pakistan, Dawn reported. World Bank sees that poverty in Pakistan will inevitably increase with pressures from weak labour markets and high inflation, warning that further delays in external financing, policy slippages, and political uncertainty pose significant risks to the macro poverty outlook.

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