A recent survey conducted by Ipsos has revealed the deep-seated concerns of Pakistanis regarding the country's economic trajectory. The survey, which covered a representative sample of the population, found that only 10 percent of Pakistanis believe that the country is moving in the right direction. Economic issues emerged as the primary source of anxiety for Pakistanis, with inflation, unemployment, and rising poverty cited as the most pressing concerns. This sentiment is reflected in the survey's findings, which indicate that 60 percent of Pakistanis perceive the country's economy to be in a bad state. The survey also highlighted the growing sense of dissatisfaction among Pakistanis, particularly women and young adults. Only 5 percent of women expressed satisfaction with the country's direction, while a mere 14 percent of citizens between the ages of 18 and 24 shared this sentiment.
The survey further revealed the pessimism surrounding Pakistan's economic future. Forty percent of Pakistanis believe that the country's economy will deteriorate further in the coming months, while a quarter anticipate no change. This lack of optimism suggests a deep-seated trust deficit in the government's ability to address the country's economic challenges. The survey's findings align with Pakistan's position at the bottom of the Global Consumer Confidence Index. While India scores a modest 64.1 on the index, Pakistan languishes at a mere 31. This stark contrast highlights the severity of Pakistan's economic woes and their impact on consumer sentiment. The survey's results paint a concerning picture of Pakistan's economic landscape and the growing discontent among its citizens. The government faces an uphill battle in restoring confidence and addressing the deep-rooted economic issues that plague the nation.
Credit: Independent News Pakistan (INP)