85% people working in lower-income sectors; salaries only increased by 2-3% between 2011 and 2021
- Pakistan’s poverty level increase by 7% in three years: WB official.
- 85% people work in low-income sectors, 95% in informal ones.
- Salaries increased by 2-3% from 2011-2021, says Amgaabazar.
The World Bank (WB) has urged Pakistan to adopt bold, sustained, and people-centred reforms to reduce poverty, build resilience, and protect vulnerable populations, as the country’s poverty rate stands at 25.3%.
The WB report, “Reclaiming Momentum Towards Prosperity: Pakistan’s Poverty, Equity and Resilience Assessment”, released on Tuesday, draws on 25 years of official household surveys and represents the first comprehensive review of poverty and welfare trends since the early 2000s.
From : Geo News