Poverty
Asia
AI-generated 14h
World Bank Warns of Failed Subsidy System in Bangladesh
A World Bank report found that Bangladesh's government subsidies and social safety programs are failing to reach the poorest citizens due to severe targeting inefficiencies. The multilateral lender warned that climate change increasingly threatens the country's development gains, particularly in coastal regions.
Dhaka Tribune
Asia
AI-generated 21h
World Bank Reports Pakistan Poverty Crisis Worsens
The World Bank warned that Pakistan accounts for nearly half of the extremely poor population in the Middle East, North Africa, and Afghanistan-Pakistan region, with poverty continuing to rise. Economic shocks including the 2022 floods, inflation, and currency depreciation have weakened household incomes and employment.
Dawn · Dawn Business