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Saturday, October 1, 2022

World Bank

Pakistan Records Reduction in Poverty Despite Pandemic: WB

With economic recovery and improved labor market conditions, poverty declined from 37 percent in the fiscal year 2020 to 34 percent in the fiscal year 2021. However, rising food and energy prices are expected to decrease the real purchasing power of households, disproportionally affecting poor and vulnerable households.

Water Scarcity May Hit Economic Growth: World Bank

Water scarcity, exacerbated by climate change, could cost some regions across the world up to 6 percent of their GDP, spur migration, and spark...

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