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Economy · Finance

Let them eat cake

none@none.com (Aasim Sajjad Akhtar) · Dawn
Published 9 Oct 2026, 2:43 pm·1 h ago·1 min read
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YET another World Bank report has been published highlighting the unending immiseration of Pakistan’s working people. Pakistan’s economic plight is described as largely on par with war-torn countries in the Arab region like Syria and Yemen. Unsurprisingly, the bank makes only limited mention of its own role in relentlessly enforcing the ‘structural adjustment’ policies which have greatly contributed to mass impoverishment. But the report is damning nonetheless. Almost 20 per cent of Pakistan’s 260 million people now fall into the extreme-poor category, defined as a daily income of less than…

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