Business pessimism rises under ‘worst’ government
KARACHI: The nation’s business owners are growing pessimistic about their future due to ongoing political turmoil and the new tax budget, describing the federal government as the “worst” manager of the economy, according to a recent survey. Gallup Pakistan surveyed 454 small, medium and large business owners from over 30 regions in the second quarter of 2024 to compile its Gallup Business Confidence Index report. Many businesses found the government’s new economic plan for the 25th year unfriendly to business, with around two in five businesses citing inflation as their biggest problem. Majyd Aziz, former president of the Karachi Chamber


