Trust in Pakistan's Economy Plummets Amid Inflation, Power Woes

A recent survey reveals a significant drop in public confidence regarding Pakistan's economic strength, with only 14% of citizens considering it robust. This widespread distrust is primarily attributed to soaring inflation and continuous power outages, which continue to burden households and businesses. The prevailing sentiment underscores deep-seated economic challenges. Such pervasive lack of confidence could potentially increase demand for safe-haven assets like gold and put further depreciatory pressure on the Pakistani Rupee.

بحوالہ / Source: tribune.com.pk