The economic crisis in pakistan continues... people are struggling with daily expenses!
According to data, 56 percent of people in pakistan spend their entire income. The people there have also expressed concern that they are unable to save for their future.
Pakistan has been experiencing economic crisis for the past few years. A situation has developed to overcome the economic problem by borrowing from many countries. 74 percent of the people living there are unable to earn even for their daily expenses. An organization called Pulse Consultants has conducted a study and published a report on the economic condition of people living in urban areas of Pakistan.
According to it, 74 percent of the urban population of pakistan reported that they were struggling to meet their daily expenses. The report also states that the level has increased to 74 percent from 60 percent in 2023. According to the report, 40 percent of people living in urban areas take loans to meet their expenses, and 10 percent take part-time jobs with their primary job to take care of their expenses.
It is noteworthy that pakistan is taking loans from the world countries to overcome the financial crisis and organizations like the World bank are extending a helping hand to Pakistan. Reports also suggest that if the same situation continues in pakistan, people will go to other countries or there will be riots across the country.
According to data, 56 percent of people in pakistan spend their entire income. The people there have also expressed concern that they are unable to save for their future.
Pakistan has been experiencing economic crisis for the past few years. A situation has developed to overcome the economic problem by borrowing from many countries. 74 percent of the people living there are unable to earn even for their daily expenses. An organization called Pulse Consultants has conducted a study and published a report on the economic condition of people living in urban areas of Pakistan.
According to it, 74 percent of the urban population of pakistan reported that they were struggling to meet their daily expenses. The report also states that the level has increased to 74 percent from 60 percent in 2023. According to the report, 40 percent of people living in urban areas take loans to meet their expenses, and 10 percent take part-time jobs with their primary job to take care of their expenses.
It is noteworthy that pakistan is taking loans from the world countries to overcome the financial crisis and organizations like the World bank are extending a helping hand to Pakistan. Reports also suggest that if the same situation continues in pakistan, people will go to other countries or there will be riots across the country.
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