Pakistan will have to reduce its current population growth rate to half in the next 30 years to achieve the status of a high middle-income country, as the current pace of increase in population is a barrier to becoming a prosperous nation, said World Bank Country Director Patchamuthu Illango.
“Pakistan will remain a low-income country even after 30 years when it turns 100, if it does not control the exploding population bomb,” said Illango while speaking at a seminar.
For the next 30 years, there are two possible pathways for Pakistan’s economy and two different futures, he added. The recent population census revealed a number of 207.7 million. If we project that to 2047, then Pakistan’s population will be 400 million people
If we project the economic growth rate of the last 70 years to next 30 years, then the GDP per capita of Pakistan could be the same as today, said Illango. Pakistan’s per capita income is $1,629, which clubs it among low-income nations
https://tribune.com.pk/story/164115...try-pakistan-needs-control-population-growth/
“Pakistan will remain a low-income country even after 30 years when it turns 100, if it does not control the exploding population bomb,” said Illango while speaking at a seminar.
For the next 30 years, there are two possible pathways for Pakistan’s economy and two different futures, he added. The recent population census revealed a number of 207.7 million. If we project that to 2047, then Pakistan’s population will be 400 million people
If we project the economic growth rate of the last 70 years to next 30 years, then the GDP per capita of Pakistan could be the same as today, said Illango. Pakistan’s per capita income is $1,629, which clubs it among low-income nations
https://tribune.com.pk/story/164115...try-pakistan-needs-control-population-growth/