Traders in Pakistan strike over rising electricity costs and new taxes
A man reads morning newspaper in a market, which closed due to strike called by traders to protest a rise in electricity costs and new taxes imposed on shop owners, in Peshawar, Pakistan, August 28, 2024
TRADERS in Pakistan went on strike today, shutting down their businesses in all major cities and urban areas to protest at a rise in electricity costs and new taxes imposed on shop owners.
The government of Prime Minister Shehbaz Sharif has steadily raised electricity prices since Pakistan last month struck a deal with the International Monetary Fund for a new $7 billion loan (£5 billion).
The higher cost of living and price hikes have triggered widespread discontent and drawn protests.
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