Business confidence in Pakistan surges to +22 pc: OICCI Survey

Pakistan’s business sentiment has strengthened notably, with the OICCI Business Confidence Index (BCI) Wave-28 showing an 11 percentage-point rise, pushing the overall confidence level to +22 percent. Despite the upbeat indicators, OICCI Business Confidence Wave-28 Survey respondents identified persistent challenges including taxation, inflation, rupee devaluation, corruption, and inconsistent government policies among the key concerns. These remain the top threats to sustained business growth. The latest survey, covering businesses that represent nearly 80 percent of the country’s GDP, also highlights a significant shift towards innovation, with 43 percent of OICCI members already adopting generative AI technologies and 81 percent expecting AI to take over key business functions in the near future.