Majority of Pakistanis Face Financial Struggle Amid Economic Challenges

Saturday, 10 August 2024, 09:58

A recent survey conducted in Pakistan, highlighting the financial difficulties faced by its 240 million residents, reports that *74% of individuals* are unable to meet their expenses. Furthermore, *56%* of those just managing to cover basic costs cannot save anything. Notably, around *10% of the population* is resorting to juggling multiple jobs to make ends meet. This data underscores the urgent need for economic reforms and support systems to help improve the living standards of many households in the country.

LivaRava Finance Meta Image — Majority of Pakistanis Face Financial Struggle Amid Economic Challenges

Overview of Financial Challenges

The recent survey of Pakistan reveals alarming financial struggles faced by the population. With a remarkable 240 million residents, economic conditions have led to an overwhelming majority of citizens unable to meet their basic expenses.

Key Findings

74% of Pakistanis are struggling to cover their expenses.
Over 56% of individuals who can barely manage their costs are unable to save.
About 10% of the population is compelled to work multiple jobs.

Conclusion

This survey illustrates the pressing economic issues in Pakistan, indicating a significant need for reforms to alleviate the financial burdens on its citizens.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Overview of Financial Challenges

Key Findings

Conclusion

Related posts