Not poor, now the situation in Pakistan is bad, 40% population is forced to live below the poverty line. - Newztezz Online


Saturday, September 23, 2023

Not poor, now the situation in Pakistan is bad, 40% population is forced to live below the poverty line.

The condition of Pakistan's economy is now on the verge of collapse. The World Bank has also given him a strict warning regarding this. Read this news...

Pakistan's poverty had started long ago, now its economy has become even worse. The situation is such that a situation like Sri Lanka can arise in Pakistan any time. Pakistan's economy is on the verge of collapse. In view of this, the World Bank has also given him a strict warning.

More than 40 percent of Pakistan's population is currently living below the poverty line. At the same time, from policy making to decision making, there is participation of the country's elite class, which has its own military and political interests.

World Bank gave this special warning

According to the news of local newspaper Dawn, before the start of the next elections in the country, the World Bank has said in its special warning that now the government of Pakistan will have to choose its right priorities quickly. Also said that international organizations, lending institutions and development partners can only give advice to Pakistan, so that Pakistan can be successful. At most we can provide some financial help, but he will have to take tough decisions himself. Who will take his future in the right direction.

World Bank's Pakistan Director Nazia Benhazin said that this is the moment for Pakistan when it can change the course of its policies. Quoting the World Bank's 'Reforms for a Brighter Future: Time to Decide' report, he said that Pakistan is currently in the midst of a capital and economic crisis like human resources. Policy decisions in the country are heavily influenced by the interests of military, political and business leaders.

The condition of the population is worse than Africa

It has also been said in the news that Pakistan faces many economic challenges. These include rising electricity costs, rising food prices and climate-related problems. Apart from this, it does not have sufficient public resources and financial strength to support the development of the country. At the same time, it is also in a very sensitive situation at the climate level. Pakistan's human resource development has lagged behind in South Asia. They are in worse condition than the citizens of sub-Saharan countries of Africa.

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