- Ahsan Iqbal promoted development and economic change in Pakistan.
- The World Bank reported on poverty in Pakistan, involving Planning Minister Ahsan Iqbal.
Pakistan's Poverty Reduction Momentum Setback Due to Instability and Crises
What happened
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal stated that Pakistan lost poverty reduction momentum after 2018. He attributed this setback to political instability, policy discontinuity, economic crises, the COVID-19 pandemic, and devastating floods. Ahsan Iqbal noted that while national monetary poverty declined to 21.9 percent in 2018–19, the latest official estimates show it increased to 28.9 percent.
From arynews.tv
Why it matters
The setback highlights constraints on Pakistan's capacity to invest in its population. The Minister outlined a renewed national agenda to move beyond measuring poverty toward targeted public investment and sustainable poverty reduction.
The World Bank previously reported on poverty in Pakistan, and Ahsan Iqbal has promoted development and economic change within the country.
From arynews.tv
Who's involved
- University of OxfordAffiliated with the Poverty and Human Development Initiative (OPHI), which noted the setbacks.
- PakistanThe sovereign state experiencing the poverty reduction setbacks.
- Ahsan IqbalFederal Minister for Planning, Development and Special Initiatives in Pakistan.
- Shehbaz SharifPrime Minister of Pakistan, who directs Ahsan Iqbal in governmental policy matters.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Asian Development BankSpeculative
The Asian Development Bank could see increased urgency and scope for required development financing.
- International Monetary FundSpeculative
The International Monetary Fund could see impacts on negotiations and funding access due to the macroeconomic crisis.
Keep exploring
The entities involved
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University of Oxford
collegiate research university in Oxford, England
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Pakistan
sovereign state in South Asia
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Ahsan Iqbal
politician in Pakistan
Related events
- Pakistan is reported to be driving a rise in extreme poverty across the North Africa region.
- The World Bank assessed Pakistan's poverty and resilience on July 9, 2026.
- The government led by the Prime Minister focuses on achieving economic stability in Pakistan.
- Pakistan seeks peaceful denouement to crisis.
- India is pursuing policies that are creating instability within Pakistan.