The crisis has been driven by an unprecedented combination of excessive taxation, soaring electricity tariffs, and a flood of under-invoiced yarn and fabric imports, particularly from China and other regional markets, as reported by Dawn.
What was once dismissed as temporary instability has evolved into a systemic breakdown driven by excessive taxation, erratic policies, and state dominance over private credit and enterprise, as reported by The Express Tribune.
Jamaat-e-Islami and various Islamic organizations staged mass protests across Karachi, highlighting the burden of high electricity costs and excessive taxation on citizens. JI Karachi Ameer Monem Zafar led the demonstrations, criticising the government's protection of Independent Power Produ