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Traders observe daylong strike across Pak to protest rising costs, taxes

Business Standard LogoBusiness Standard4d ago

Traders observe daylong strike across Pak to protest rising costs, taxes - Business Standard

Quick Summary:

Traders in Pakistan went on strike on Wednesday, shutting down their businesses in all major cities and urban areas to protest 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 USD 7 billion loan.

Most of the public markets across Pakistan were closed on Wednesday, though pharmacies and grocery stores selling basic food items remained open.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 14:38:35 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22290000

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 152 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Traders observe daylong strike across Pak to protest rising costs, taxes" was covered 4 days ago by Business Standard, a news publisher based in India.

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It's most recent story was published 2 hours ago.

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