30% Pakistanis say they would not take a loan even if interest rates were abolished: Survey

Islamabad, November 17, 2017 (PPI-OT):According to a Gilani Research Foundation Survey carried out by Gallup and Gilani Pakistan, 1 in 3 Pakistanis (30%) say they would not take a loan even if interest rates were abolished.

A nationally representative sample of men and women, from across the four provinces was asked, “Suppose if interest rates on loans are abolished, would you like to take a loan for your various personal needs?” In response to this question, 9% respondents said yes they would like to take a loan if interest rates were abolished, 30% said no, 29% said taking loans is hard and 32% said it is too soon to say anything.

Question: “Suppose if interest rates on loans are abolished, would you like to take a loan for your various personal needs?”

The study was released by Gilani Research Foundation and carried out by Gallup and Gilani Pakistan, the Pakistani affiliate of Gallup International. The recent survey was carried out among a sample of 1746 men and women in rural and urban areas of all four provinces of the country, October 09 – October 16, 2017. Error margin is estimated to be approximately ± 2-3 per cent at 95% confidence level.

For more information, contact:
Group Manager
Gilani Research Foundation
Islamabad
Tel: +92-51-2655630
E-mail: fatima.idrees@gilanifoundation.com

   

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