ISLAMABAD:
The World Bank has adjusted upward the income levels in an effort to measure global poverty, which has also pushed the percentage of Pakistanis living in poverty by to 44.7% — an outcome that may not still be fully reflecting the harsh ground realities due to the use of seven years old survey data.
The Washington-based lender on Thursday released its new international poverty line to reflect changes in the prices of goods and services and their implications on the global population.
The new poverty line for Pakistan, which is a lower middle-income country, is set at $4.20 per person per day, up from $3.65, said Christina Wieser, the senior poverty economist of the World Bank while briefing the media persons here.
She said that due to the upward revision, for the lower middle