ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Pak businessmen protest in Pindi against govt over inflation, unemployment

Rawalpindi [Pakistan], October 27 (ANI): Hundreds of Pakistani businessmen and civil society members staged a protest against the Imran Khan-led government over inflation, unemployment, hunger, lawlessness in the country.

ANI Oct 27, 2021 21:09 IST googleads

Pakistan Prime Minister Imran Khan

Rawalpindi [Pakistan], October 27 (ANI): Hundreds of Pakistani businessmen and civil society members staged a protest against the Imran Khan-led government over inflation, unemployment, hunger, lawlessness in the country.
According to The News International, the protest was staged under the leadership of All Pakistan Traders Association (APTA) President Naeem Mir, Markazi Anjuman-e-Tajiran President Shahid Ghafoor Piracha and President of All Pakistan Anjuman-e-Tajiran Ajmal Baloch here on Tuesday.
Addressing the protesters, Ajmal Baloch said while the FBR was killing the business community, the inflation is now making survival difficult. A big gathering of the protesters carrying banners and placards blocked both sides of the Murree Road, the publication reported.
The protesters raised anti-government slogans and demanded an immediate reduction in Petroleum prices. Addressing the occasion, the leaders of the business community demanded the immediate resignation of Prime Minister Imran Khan, reported The News International.
They said the dollar has gone up by Rs 22.98 only in five months. Now the dollar is being sold at Rs 174.27 in the open market, they added. They strongly denounced the policies of the PTI government.
Rejecting the policies of Pakistan Tehreek-e-Insaf, the protesters said that the government was destroying all businesses. Government policies have made it difficult for common citizens to lead a respectable life anymore, they added.
Inflation in Pakistan has reached the highest level in the past 70 years, which has led to protests by the opposition parties and the common man. The inflation in the country broke the record of 70 years in the last three years, with food prices doubling, while the prices of ghee, oil, sugar, flour and poultry have reached high levels, reported The News International.
Citing the Federal Bureau of Statistics, it said that from October 2018 to October 2021, electricity rates have increased by 57 per cent from Rs 4.06 per unit to at least Rs 6.38 per unit.
Further, the publication stated that by the first quarter of October, the price of 11.67 kg cylinder of LPG had gone up by 51 per cent from Rs 1,536 to Rs 2,322. Similarly, the price of petrol had gone up by 49 per cent in three years. The price of petrol has gone up from Rs 93.80 per litre to Rs 138.73 per litre.
The highest surge was recorded in the price of food items such as ghee, oil and others. The price of ghee increased by 108 per cent to Rs 356 per kg. (ANI)

Get the App

What to Read Next

Asia

Urmia University students set to return: Over 30 book tickets

Urmia University students set to return: Over 30 book tickets

According to Dr Mohammad Momin Khan, President of the All India Medical Students Association (AIMSA) J-K, nearly all students from Urmia University of Medical Sciences are planning to return. A group of over 30 students has already booked tickets and is expected to reach New Delhi on March 15 via Dubai, while others are scheduled to arrive on March 16.

Read More
Middle East

Indian Envoy to Saudi Arabia assures Indian community of assistan

Indian Envoy to Saudi Arabia assures Indian community of assistan

Khan assured all Indians that the embassy would assist them in need.

Read More
Asia

Ramazan inflation exposes Pakistan’s weak market regulation

Ramazan inflation exposes Pakistan’s weak market regulation

Fruit and vegetable prices in Punjab surged during Ramazan, exceeding official rate lists and straining consumers. Vendors cite higher wholesale costs, while farmers face rising production expenses. Weak enforcement and supply-demand pressures continue to challenge Pakistan's price control system.

Read More
Asia

Pakistan faces economic "inflation bomb" as fuel prices surge 20%

Pakistan faces economic

The announcement has sparked widespread anxiety across the country, where residents are already battling high living costs during the month of Ramadan. Commuters and workers have expressed despair over the rapid cost-of-living increase.

Read More
Middle East

11% of Israel’s labour force not currently working due to Iran

11% of Israel’s labour force not currently working due to Iran

The main industries affected are arts, entertainment and leisure, management and support services, other services, education and commerce.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.