- 42% optimistic Pakistani about economic leadership.
- Inflation control, reforms that drive consumer confidence.
- Labor security reaches the highest level since 2019.
Islamabad: The Minister of Finance, Muhammad Aurengzeb, hosted on Sunday the findings of the latest Ipsos consumer confidence survey, citing them as a clear indication of Pakistan’s economic improvement and the growing public confidence.
According to a statement issued by the Ministry of Finance, the survey shows a significant increase in consumer confidence, and 42% of Pakistani now believe that the country is moving in the right direction.
The Minister of Finance said that these results reflect the success of the coordinated and responsible economic strategy of the government. He added that public confidence has been won through key measures such as the control of inflation and the strongest fiscal discipline.
Aurengzeb said that consumer’s confidence has increased, particularly in large -scale purchase and investment areas, suggesting that households feel more secure about their financial perspective.
In addition, he stressed that confidence regarding job security has reached its highest level since 2019.
Meanwhile, the Government has projected a resurgence in inflationary trends, forecasting an average IPC-based inflation rate of up to 7.5% for budget 2025-26, a remarkable increase of 5% registered in the current fiscal year, according to The news.
The Ministry of Planning warned that the external sector could be under tension, since the relaxation of import restrictions and the upcoming debt refunds are expected to expand the current account deficit in the next budget.
The Annual Plan Coordination Committee (APCC), scheduled to meet on June 2, 2025, is scheduled to consider recommending the general macroeconomic framework for the next budget, including the forecast of the GDP growth rate of 4.2% for the next budget against 2.68% for the outgoing financial year.
These macroeconomic projections show that the stabilization mode would continue in the next fiscal year under the tight rope of the International Monetary Fund (IMF).
According to government recipes, public investment is expected to increase 2.9% to 3.2%. Similarly, it is also projected that private investment increases 9.1% of GDP at 9.8%.
