A global research company, IPSOS, conducted the second Global Consumer Confidence Index survey which revealed that about 31% of Pakistanis have either lost their jobs or know people who lost their jobs in 2019.
It also stated that around 83% of Pakistanis are fearful of losing their jobs and inflation, unemployment and increasing poverty were the problems that were the most worrying for them.
People are also uncomfortable making big expenditures. According to the survey, 91% of people are less comfortable buying a car or a home compared to a year ago. 90% are scared of making major household expenses.
The survey also stated that 17% of businessmen fear going into a loss and only 21% believe that the country is going in the right direction.
Meanwhile, Prime Minister Imran Khan is hopeful that 2020 will be the year of jobs in Pakistan right after the economy stabilization plan. He said that the media had tried to ‘insult’ and attack him for his goals.
Results of the survey are based on a nationally representative sample of 2,900 people aged between 19 and 65. It was conducted in December 2019.
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