Average Pakistani household spends half of its monthly income on food.

Autor: Suleri, Abid Qaiyum
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Zdroj: Energy Update; Mar2024, p1-100, 100p
Abstrakt: The average Pakistani household spends nearly half of its monthly income on food, according to the World Food Programme. This financial burden is exacerbated by currency depreciation, a decline in purchasing power, and an overall increase in the cost of living. As a result, individuals often have to compromise on other essential expenses such as health, education, and flexible expenditures. The severity of food insecurity in Pakistan is highlighted by a recent report from the FAO, which found that 42.3% of the population faced moderate to severe food insecurity during 2020-2022. It is crucial for the government to address this issue and ensure sustained availability of affordable food for its citizens. [Extracted from the article]
Databáze: Complementary Index