Pakistan Faces Growing Poverty Gap
Tens of millions of people in Pakistan are suffering from extreme poverty, with reports from the World Bank indicating that the percentage of those living on less than $3 a day reached 23% in the fiscal year 2024-2025, amounting to approximately 70 million people. The rising poverty situation is attributed to a decline in real wages by 3.4% since 2018, as well as the impacts of economic reform programs supported by the International Monetary Fund, which have led to higher living costs and fewer job opportunities. Pakistan is also affected by difficult security conditions and the repercussions of regional crises, such as floods and conflicts, which exacerbate the population's suffering and deepen economic and social inequalities. Most citizens face limited choices between relying on safety nets or resorting to desperate actions, as the economy deteriorates and poverty continues to rise.
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