86pc Pak­ista­nis pre­fer con­duct­ing face-to-face mon­e­tary trans­ac­tions

Pakistan Observer - - ECONOMY WATCH -

IS­LAM­ABAD—About 86 per cent of Pak­ista­nis pre­fer car­ry­ing out face-to-face mon­e­tary trans­ac­tions for en­sured re­ceipt of money, said a sur­vey con­ducted by Gallup Pak­istan. Only 14 per­cent dis­agreed with the state­ment, “When pay­ing for goods or ser­vices, it is bet­ter to do it face to face to make sure that the money has been re­ceived”. A na­tion­ally rep­re­sen­ta­tive sam­ple of men and women from across the four prov­inces was asked, “Please tell me if you rather agree or rather dis­agree with th­ese state­ments? [When pay­ing for goods or ser­vices, it is bet­ter to do it face-to-face so as to be cer­tain that the money has been re­ceived],” said a press re­lease.

Gen­der break­down of re­sult re­veals that 87 per­cent males felt that it was bet­ter to carry out mon­e­tary trans­ac­tions on a faceto-face ba­sis while the same re­sponse was given by 84 per cent of the fe­males. Mean­while, 12 per cent males dis­agreed with this state­ment while the same re­sponse was given by 16 per cent of the fe­males. A ru­ral/ ur­ban break­down re­veals that 86 per­cent of the re­spon­dents in ur­ban ar­eas and 85 per cent in ru­ral ar­eas, when asked if they agreed or dis­agreed with the state­ment that it is bet­ter to have a face-to-face trans­ac­tion when pay­ing for goods and ser­vices, agreed that is bet­ter to have it face to face.

This neg­li­gi­ble dif­fer­ence be­tween the pro­por­tion of ur­ban and ru­ral re­spon­dents agree­ing with this state­ment high­lights an im­por­tant as­pect of the Pak­istani so­ci­ety with re­gards to the han­dling of money. De­spite there be­ing a con­sid­er­able dis­par­ity in the so­cio- eco­nomic de­vel­op­ment be­tween the ur­ban and ru­ral ar­eas of Pak­istan, the pro­por­tion of ur­ban re­spon­dents agree­ing to this state­ment is still re­mark­ably high. This seems to show that Pak­ista­nis, re­gard­less of their ed­u­ca­tion or in­come level, still are averse to trust­ing any­thing other than their own selves when it comes to money and mon­e­tary trans­ac­tion.

Fi­nally, 13 per­cent in the ur­ban ar­eas dis­agreed with this state­ment while the same an­swer was given by 15 per­cent of the re­spon­dents in ru­ral ar­eas.—APP

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