Islamabad (Lord Media): The poverty rate in Pakistan has significantly increased, with 800,000 citizens moving abroad in search of employment over the past year. Finance Minister Muhammad Aurangzeb presented the economic survey in the National Assembly, revealing that the country’s poverty rate has reached 28.9 percent.<\/p>\n
According to the economic survey, urban poverty has risen from 11 percent to 17.4 percent, while rural poverty has increased from 28.2 percent to 36.2 percent. The literacy rate has been recorded at 63 percent.<\/p>\n
Balochistan has been identified as the poorest province with a poverty rate of 47 percent, followed by Khyber Pakhtunkhwa at 35.3 percent, Sindh at 32.6 percent, and Punjab at 23.3 percent.<\/p>\n
Among those who moved abroad, 530,000 Pakistanis chose Saudi Arabia, 68,000 settled in Qatar, and 52,000 in the United Arab Emirates.<\/p>\n
In the energy sector, a decline in natural gas and oil production was recorded, while coal production increased by 6.5 percent and iron ore production rose by 41 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Poverty in Pakistan has risen to 28.9%, with 800,000 citizens moving abroad for jobs. Balochistan is the poorest province with a 47% poverty rate.<\/p>\n","protected":false},"author":1,"featured_media":74611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[292,453,221,454],"ppma_author":[94],"class_list":["post-74610","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","tag-economy","tag-migration","tag-pakistan","tag-poverty"],"yoast_head":"\n