Pakistan's fiscal deficit will be significantly worse than projected this fiscal year, with the fallout from the novel coronavirus pandemic pushing millions into unemployment and poverty.
The impact on workers and poorer people is also stark, with estimates that the poverty headcount will rise from 24.3% to a base case of 29%, and a worst-case scenario of 33.5%.
At least three million people have lost their jobs — one million in the industrial sector and two million in services.
The situation is very alarming due to an economic growth rate that is close to the population growth rate and an exponential increase in prices of perishable food items
With a population of over 210 million, Pakistan is the fifth most populous country in the world. With nearly one third of the population subsisting from daily and piece-rate wages, the COVID-19 response has necessitated an urgent and immediate strategy to protect those living in extreme poverty.
With lockdowns in effect and physical distancing measures mandatory, there were concerns about the spread of COVID-19, due to which the large population living under the poverty line such as daily wagers are facing hunger.
The state of hunger in Pakistan is clearly explained above. A large number of people in Pakistan sleep on an empty stomach every night. Based on the above, Fatima Memorial Hospital and NUR Foundation have taken the matter in their own hands and have started to supply food to poverty stricken students and families of NUR Community Outreach Program (NCOP).
We are trying to feed as many poor as we can but it is not enough and require more support from our donors in these testing times. The world is suffering but countries like Pakistan are facing major brunt. There are many more families who are unable to afford three meals per day and in order for us to continue to serve the poverty stricken masses. Your donations and support can make a huge difference.
Thanking you in advance for your continued support.