The Asian Development Bank released its 50th annual statistical report.
The Asian Development Bank says extreme poverty ($ 1.9 billion in daily income reserves) has been significantly recorded from 2001 to 2015, down from 28.6 percent in 2001 to 3 percent. According to the Asian Development Bank’s fifty-five annual statistical reports, Kashmir comprises 9 percent.
This report contains essential indicators of countries in Asia and the Pacific region. The poverty rate was 50% in 2001, 12.5% in 2015, the poverty rate 70% in 2001, the poverty rate in rural houses was less than 70% in 2015.
According to the report, the number of poor people in Asian countries was 1.1 billion in 2002, but the poorest of Asian countries recorded 264 levels in 2015. In the report, the share of goods in global exports is 2000. From 23% to 23%, it increased the number of global exports by 30.2%. The Asian Development Bank says Asia accounts for 30% of the world’s total export revenue. Exports increased from 2000 to 2018.
According to the Asian Development Bank, rising gas prices and a sharp fall in the value of the rupee led to inflation. Inflation is expected to rise further by the end of this year. The agriculture sector is also facing problems due to scarcity of water, production target cannot be met. The budget deficit could not be achieved due to a reduction in revenue and an increase in expenditure. Big loans are being made to pay off external debt.
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