As usual, zero research, zero context by this lawyer turned media anchor.
First of all, this 'cost of living' index is not comparing just the regional countries but is a comparison of global scale. Now do you think that there are more poor people in Pakistan than rest of the world?
Poverty rate in Paksitan is 24.3% while the world average is 23.4%.
Poverty rate in U.S is 17.8%.
According to
World Bank, the countries with the highest poverty rates in the world are:
- South Sudan - 82.30%
- Equatorial Guinea - 76.80%
- Madagascar - 70.70%
- Guinea-Bissau - 69.30%
- Eritrea - 69.00%
- Sao Tome and Principe - 66.70%
- Burundi - 64.90%
- Democratic Republic of the Congo - 63.90%
- Central African Republic - 62.00%
- Guatemala - 59.30%
The complete list can be viewed
here
Now if on the cost of living index Pakistan is on the top (being the most in-expensive country) is it a good thing or a bad thing?