Poverty Surges in Pakistan Due to Inflation, Job Losses and Floods
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Poverty in Pakistan has increased due to high inflation, struggling job market, and floods according to World Bank.
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Over 10 million people could fall below poverty line if situation worsens.
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Inflation reaching 29.2% in FY23 has eroded purchasing power of the poor.
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Deteriorating wages and job prospects make it hard for families to escape poverty cycle.
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Government must focus on policies that stimulate growth and ensure benefits reach all segments.