The Lahore business community stated on Thursday that they will go on strike on Saturday, September 2, in protest of soaring inflation and exorbitant power prices.
Markets all around Lahore will be closed on Saturday, September 2, according to a statement from Mujahid Maqsood Butt, president of the Traders Association, in protest against exorbitant electricity prices and the nation’s escalating inflation.
Butt argued that because the recent increase in power prices is harming our companies, traders cannot afford such high bills. He requested Caretaker PM Anwaarul Haq Kakar to reverse this decision.
Traders in Karachi have also declared a strike on September 1 to protest rising energy costs.
Rallies against the exorbitant electricity prices have spread across the whole nation, from Karachi to Khyber, and some rallies are already turning violent.
Since the notables’ power bills have been exceeding their wages, the protesting masses have been calling on the government to stop giving them free electricity and to provide them relief.
Shamshad Akhtar, the caretaker finance minister, stated earlier on Wednesday that the government is unable to continue subsidizing power costs while participating in an IMF programme.