Public confidence that rises when financial stability improves: Aurangzeb

Federal Minister of Finance and Revenue Senator Muhammad Aurangzeb addresses media persons at PTV headquarters. – App/file
  • 42% Pakistanis optimistic in terms of financial direction.
  • Inflation control, reforms that drive consumer confidence.
  • Job security hits the highest level since 2019.

Islamabad: Finance Minister Muhammad Aurangzeb on Sunday welcomed the conclusions of the latest IPSOS consumer examination and quoted them as a clear indication of Pakistan’s improved financial situation and growing public confidence.

According to a statement from the Ministry of Finance, the study shows a significant increase in consumer confidence, with 42% of Pakistanis now believing the country moving in the right direction.

The Minister of Finance said these results reflect the success of the government’s coordinated and responsible financial strategy. He added that public trust has been achieved through key measures such as inflation control and stronger fiscal discipline.

Aurangzeb noted that consumer confidence has increased, especially in areas of large purchases and investments, suggesting that households feel more confident in their financial prospects.

He also emphasized that self -confidence in job security has reached its highest level since 2019.

Meanwhile, the government has projected a resurgence in the inflation trends that predicts an average CPI-based inflation of up to 7.5% for the budget 2025-26, a remarkable increase from the 5% registered in the current financial year, according to The news.

The Ministry of Planning warned that the external sector could come under load as the relaxation of import restrictions and upcoming debt repayment is expected to expand the loss of current account in the upcoming budget.

The Annual Plan Coordination Committee (APCC), scheduled to meet on June 2, 2025, is ready to consider recommending the overall macroeconomic framework for the upcoming budget, including imagining GDP -Væktrate of 4.2% for the next budget against 2.68% for the outgoing financial year.

These macroeconomic projections show that stabilization mode will continue in the coming financial year during the tight noise of the International Monetary Fund (IMF).

According to the government’s prescription, public investment is expected to increase from 2.9% to 3.2%. Similarly, private investments are also expected to rise from 9.1% of GDP to 9.8%.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top