IPSOS survey: 79pc say country heading in wrong directionISLAMABAD: Contrary to the government's claim about revival of economy, a consumer confidence survey shows a bleak performance where inflation, unemployment, increasing poverty and burden of taxes are among the top worrying issues. About 79 percent respondents replied that the country was heading towards a wrong direction so there was no hope of any improvement in their lives over the next six months. Interestingly, contrary to the perception, only 2 percent respondents considered corruption, bribery and nepotism as the major worrying issue in Pakistan. Only 4 percent and 3 percent respondents considered terrorism and increasing prices of electricity as major issues. In comparison with BRICS countries such as Brazil, Russia, India, Turkey, China, Pakistan's performance remained much lower on the current economic index, expectation index, investment index and jobs index.

Source: The North Africa Journal January 17, 2020 01:41 UTC