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Pakistan's Middle Class Shrinks Amid Soaring Poverty Crisis

1/22/2025

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Summary

Story summary

In Pakistan, the middle class is shrinking as economic turmoil takes its toll. With poverty soaring from 34.6% in 2015 to over 39% in 2023 and inflation surpassing 38%, families are struggling to make ends meet. Urgent reforms are essential to revive the economy and safeguard those most at risk from this escalating crisis.

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Story summary

In Pakistan, the middle class is shrinking as economic turmoil takes its toll. With poverty soaring from 34.6% in 2015 to over 39% in 2023 and inflation surpassing 38%, families are struggling to make ends meet. Urgent reforms are essential to revive the economy and safeguard those most at risk from this escalating crisis.