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- Pakistan is considered a developing country due to economic and political instability, burgeoning population growth, and the increasingly dire consequences of climate change1. The country encountered a lack of economic infrastructure, financial resources, and an industrial foundation, particularly with poverty rates ranging from 55% to 60% in the West Pakistan region2. Pakistan is among the 25 countries with the lowest human development in the world due to overall poor economic management, corruption, and excessive spending on defense and the armed forces3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Although Pakistan has made great strides in development since 1947, the next 75 years look to be considerably more challenging. Besides economic and political instability, Pakistan is also facing burgeoning population growth combined with the increasingly dire consequences of climate change. "Pakistan has made progress in many areas.www.dw.com/en/why-has-pakistan-not-realized-its …The nation encountered a lack of economic infrastructure, financial resources, and an industrial foundation, particularly with poverty rates ranging from 55% to 60% in the West Pakistan region. Due to limited capital in the small private sector, the government opted to focus on the public sector to foster economic and industrial development.en.wikipedia.org/wiki/Economy_of_PakistanIn other words, Pakistan is among the 25 countries with the lowest human development in the world. The country’s current situation has multiple causes, including overall poor economic management, corruption, and excessive spending on defense and the armed forces.thediplomat.com/2023/05/pakistans-economic-crisi…
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WEBApr 2, 2024 · Pakistan has important strategic endowments and development potential. The increasing proportion of Pakistan’s youth provides the country with a potential demographic dividend and a …
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WEBSep 6, 2022 · Pakistan ranked 154th of 189 countries on the Human Development Index 2021 (HDI), falling four places since 2018. Its HDI value of 0.557 is the second lowest among South Asian countries. One...
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WEB08/15/2022. Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. Pakistan is facing a severe economic crisis, with many citizens finding...
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