Pakistan’s apparent economic recovery, often highlighted by government officials and market analysts, conceals a far grimmer reality for millions of its citizens. While the state asserts growth under the IMF program and the stock market touches record highs, the World Bank’s latest assessment reveals that poverty and inequality continue to deepen across much of the country, as reported by The Express Tribune.

According to The Express Tribune, the World Bank’s poverty and resilience report shows that despite macroeconomic stability, household well-being has sharply worsened. Between 2001 and 2018, poverty rates fell from over 60 per cent to around 21 per cent. However, the pandemic, recurring political instability, and economic shocks have undone much of that progress, pushing the poverty

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