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Govt says World Bank poverty figures reflect regional reclassification
The government on Thursday said that the World Bank’s finding that the country accounts for nearly half of the extreme poor in its newly defined Middle East, North Africa, Afghanistan and Pakistan (MENAAP) region partly reflects a change in the lender’s statistical grouping rather than a shift in Pakistan’s geographical or economic classification. Adviser to the Finance Minister Khurram Schehzad said the World Bank’s decision to include Pakistan in the MENAAP reporting region was an administrative and statistical reclassification that had changed the composition of regional aggregates. “It doe...
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