Pakistan is experiencing a turbulent autumn marked by natural disasters and an adverse reaction from public opinion towards its leaders, who are incapable of solving the serious economic problems the country is going through.
The floods that have hit the country come at a time when Pakistan’s economy is in an absolutely precarious situation, with inflation of over 20% and the depreciation of its local currency, the rupee.
In this context, according to analysts, Pakistan is likely to raise its poverty rate by between 2.5 and 4 percentage points, according to a World Bank report published in October. In other words, nearly 20 per cent of its 220 million people are already below the poverty line.
Ahsan Iqbal, Pakistan’s Minister of Planning, who is in charge of flood reconstruction and rehabilitation, told the country’s National Assembly this week that Pakistan plans to host an international donor conference once the assessment…
