Islamabad
The news item titled “Consumer confidence declines in third quarter of current calendar year” published in some section of Press, which is contrary to the facts.
The Survey conducted by Dun & Bradstreet and Gallup Pakistan is in line with current macroeconomic situation of Pakistan.
As it is highlighted in our publication “Monthly Economic Update & Outlook Pakistan”, the economy is heading in right direction.
Growth is all set to achieve 4.8% target, tax collection is above target, exports have picked up, fiscal deficit in 1Q is better than last year, above all remittances are sustaining.
Consumer Confidence Index Survey (Q3 2021) is highlighting the same economic picture as communicated by Finance Division whether it is Quarter-on-Quarter or Year-on-Year comparison.
Below is the factual brief outcome of the survey conducted by Dun & Bradstreet and Gallup Pakistan.—PR
