KARACHI: A majority of Pakistanis expect economic improvement or stability in 2026, but public opinion reflects cautious optimism rather than exuberance, according to a survey.

The survey titled “Pakistan’s 2026 Outlook and Public Priorities”, conducted by the Institute of Cost and Management Accountants of Pakistan (ICMA), shows that 56.9 per cent of respondents expect economic improvement in 2026, while 43.1pc anticipate stability. Nearly 29.3pc describe the outlook as promising, and 25pc expect the economy to grow, driven by hopes of recovery in industry, exports and domestic demand.

However, only 2.6pc view the economy as strong, indicating that structural constraints and weak investment continue to temper expectations. Overall confidence is improving, but respondents see progress as gradual rather than transformational, the survey noted.

Political instability emerged as the top concern, cited by 33.6pc of respondents. Many fear that without political cohesion, the fragile economic recovery could lose momentum. Youth unemployment followed closely at 29.3pc, reflecting anxiety over whether economic growth will translate into meaningful job opportunities.

High inflation, while still a concern for 26.7pc, is now viewed as secondary to deeper structural issues. Extreme weather risks, cited by 10.3pc, are recognised but seen as a more distant threat. Political stability and opportunity creation are widely viewed as decisive factors for success in 2026.

The survey also captures strong public views on what needs to change. Repetition of failed policies tops the list at 31pc, reflecting frustration with short-term fixes that fail to deliver lasting results. Political conflict, cited by 28.4pc, is seen as creating uncertainty, slowing decision-making and weakening confidence.

Another 26.7pc believe Pakistan must reduce its reliance on foreign loans and strengthen self-reliance through higher domestic revenue and exports. Neglect of public services, including health and education, is highlighted by 13.8pc. Respondents emphasised the need for long-term planning, political stability and consistent policy direction to support sustainable progress.

Published in Dawn, January 18th, 2026