94% of Pakistanis struggle to afford basic household items
“Pakistan’s Troubled Waters: Public Confidence Plummets Amid Rising Economic Woes”
Pakistan is navigating a difficult phase marked by deepening concerns over its economic and social stability.
A recent survey by the international research institute IPSOS highlights the growing unease among its citizens, revealing a significant drop in public confidence.
According to the survey, only 10% of Pakistanis believe the country is heading in the right direction.
This survey, part of the ongoing Consumer Confidence Index (CCI) in Pakistan, underscores the increasing anxiety about the nation’s economic outlook, with many expressing a pessimistic view of the future.
The findings show that just 11% of Pakistanis think the country’s conditions are improving, with rural populations slightly more optimistic (12%) than their urban counterparts (8%). However, this sense of optimism has waned since last year when 18% were hopeful about the future—a figure now reduced to 11%.
Key Concerns: Inflation, Unemployment, and Electricity Bills
The IPSOS survey brings to light the most pressing issues facing Pakistani citizens. A notable 33% of respondents identified inflation as their primary concern, reflecting the ongoing struggle with rising costs. Unemployment was the second most frequently mentioned issue, affecting 18% of the population. Additionally, 11% of respondents cited increasing electricity bills as a significant financial strain.
Other concerns highlighted in the survey include:
- Poverty: 9% of respondents identified rising poverty as a serious issue.
- Electricity Load Shedding: 7% of citizens pointed to power outages as a major problem.
- Devaluation of the Rupee: 3% are troubled by the declining value of the Pakistani rupee.
- Corruption: 2% of respondents view corruption as a significant issue.
- State Institutions’ Interference: Nearly 1% believe interference between state institutions is a problem.
- Food Security: 1% of respondents are concerned about the food situation.
The survey also highlights issues like electricity load shedding (7%), the rupee’s devaluation (3%), corruption (2%), interference