Survey reveals shocking number of Pakistanis unable to afford basic essentials

IPSOS Pakistan has revealed the details of downward trend of confidence of Pakistanis over the government despite some positive indicators.

IPSOS, a multinational market research and consulting firm, has surveyed more than 1,000 people from across the country.

Difficulty in buying basic essentials

The rate of Pakistanis who said they had difficulties in purchasing household items for daily use rose to 94 percent after a 4 percent increase, while the rate of Pakistanis who said they had no ability to save was seen at 90 percent after a five percent increase.

The number of people who said the economy is strong was seen at 13 percent after a decrease of three percent, while the number of those who said the economic situation was weak increased by one percent. 69 percent people expressed concern about the economic situation. However, 17 percent said there was no difference.

Disappointment with the future

The survey also noted a considerable increase in the percentage of people disappointed with the economic future. The rate of pessimistic Pakistanis increased by 19 percent and 70 percent expressed thay the economic situation would remain weak in the next six weeks.

A ten percent decrease was seen in the percentage of Pakistanis optimistic about the improvement of the economy. On the other hand, 18 percent of people said that there was no difference.

Hopes of improvement

IPSOS also asked Pakistanis about their views on the improvement in their financial conditions in the next six months, to which an increase of 19 percent was seen in the percentage of people who said that their financial conditions were getting weaker and 67 percent said that there would be no improvement.

While the number of optimistic Pakistanis about the improvement in financial conditions was also seen at 13 percent after a 15 percent decrease. However, 20 percent said that there would be no difference.

Saving up money

The percentage of Pakistanis who expressed their inability to save money also increased by five percent to 90 percent.