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A recent World Bank report has contradicted the Pakistani government’s optimistic claims about the country’s economic progress.
Government maintained in 2024 that inflation was under control and commodity prices were decreasing, the report paints a different picture. According to the World Bank’s “Poverty Projections for Pakistan,” poverty in the country surged by 7% in 2024, with the poverty rate reaching 25.3%.
This marks a significant rise compared to 2023, pushing approximately 13 million more people into poverty. The findings highlight the growing economic struggles faced by Pakistan’s population, challenging the government’s narrative of economic stability and progress.
