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Pakistan's Poverty Reduction Stalls Amid Economic Challenges

9/25/2025

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Summary

Story summary

World Bank reports Pakistan's poverty reduction has stalled due to economic shocks and insufficient reforms.
Urbanization cut poverty from 64% in 2001 to 22% by 2019, but by 2024 it rose to 25%.
Setbacks include the COVID-19 pandemic, global inflation from the Ukraine war, and the 2022 floods.
The government is expanding welfare programs and job creation; many who escaped poverty remain vulnerable.

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Story summary

World Bank reports Pakistan's poverty reduction has stalled due to economic shocks and insufficient reforms.
Urbanization cut poverty from 64% in 2001 to 22% by 2019, but by 2024 it rose to 25%.
Setbacks include the COVID-19 pandemic, global inflation from the Ukraine war, and the 2022 floods.
The government is expanding welfare programs and job creation; many who escaped poverty remain vulnerable.