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Traders observe shutter down strike as protests against electricity bills refuse to die down

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  • Protesters in various cities including Peshawar, Sukkur, Quetta stage protests.
  • Caretaker govt shares plan with IMF on electricity relief plan.
  • Finance minister says relief not possible due to IMF conditions.

Traders across the country joined protesters Thursday to demonstrate against massive hike in electricity tariffs as the caretaker government expressed helplessness to provide relief owing to strict International Monetary (IMF) conditions.

The incensed citizens, already reeling under runaway inflation, have been protesting across the country for the last six days, setting electricity bills on fire while demanding the government to withdraw the hike in the tariffs.

Various traders’ associations in different cities including Rahim Yar Khan, Sukkur, Bhawalpur, Quetta, Vehari, Peshawar and others are observing shutter-down strike to force the government to provide relief in the bills.

Taking notice of the protest, caretaker Prime Minister Anwaar-ul-Haq Kakar had assured the masses that the government will explore options to provide relief but so far the authorities have failed to come up with an immediate remedy.

While showing helplessness to slash taxes on inflated electricity bills, caretaker Finance Minister Dr Shamshad Akhtar told senators on Wednesday that the fiscal position was so tied up under the IMF agreement that there was not a penny in coffers for giving any subsidy.

In her maiden appearance in the upper house of the parliament, she presented a very bleak economic and financial outlook while giving a briefing to the Senate Standing Committee on Finance.

However, parliamentarians vehemently criticised the economic policies by narrating miseries of the power consumers in the wake of highly inflated bills.

After listening to views, the finance minister replied in a lighter vein that she was wondering why she had accepted the position, but stated in the same breath that it was a responsibility one had to discharge after assuming the office.

“I have inherited the IMF programme, tied up under structural benchmark, signed by predecessor government. It’s not the IMF about which I am worried, but I am worried about the political and economic stability of the country. There is no other choice but to continue with the IMF programme for keeping dollar inflows intact from bilateral partners, which is totally tied up under the IMF programme,” Dr Shamshad said. 

The minister pointed out that dollar inflows were less than the expected outflows, indicating more difficulties surfacing on the dwindling foreign exchange reserves position.

Meanwhile, Pakistan has shared its plan with the IMF for providing relief to power consumers on account of inflated electricity bills, with assurances that none of the Fund’s agreed targets would be breached, according to The News.

Insiders in the Ministry of Finance said there was a provision for an emergency allocation of Rs250 billion in the budget for 2023-24, which could be utilised to provide relief to power consumers.

It might take some more time to convince the IMF on the proposed relief package, which might be restricted to those using up to 400 units. 

Staggering of billing would also be done while some protected consumers’ bills might be reduced with the allocation of funds for the purpose of emergency allocation of Rs250 billion, allocated in the budget for 2023-24. 

“But this amount will only be utilised for users of up to 400-unit slabs, with the permission of IMF,” said top official sources while talking to The News on Wednesday.

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Punjabi bakers decide to charge Rs. 15 for “roti.”

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The bread, known as roti, will be sold for Rs 15 by the bakers association.

During their discussion, the association promised Food Minister Bilal Yasin that the rate of roti will be reduced.

The minister was there when Association President Aftab Gul recorded a video message committing to sell rotis for Rs15 each.

According to him, the administration decided to lower the rate of flour. He continued, saying that the group was supporting the government hand in hand to stop inflation.

The price of flour has been drastically lowered, according to Food Minister Bilal, to help the populace. He stated, “the government aimed at providing quality and affordable bread to the masses.”

He said that the recent reduction of Rs 1,200 in the price of flour was the biggest drop in the commodity’s prices in the nation’s history.

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Day four of the AJK inflation protest begins as talks come to a standstill.

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Following the collapse of talks between the Awami Action Committee and the AJK government on Sunday, the shutdown strike and protests in Azad Kashmir over rising flour and energy costs started their fourth day on Monday.

The ongoing shutdown and wheeljam strike would continue until their demands are fulfilled, according to the Awami Action Committee.

AAC-led march on state capital Muzaffarabad today has brought the valley to a near stop. The caravans are coming from many AJK cities, and they are headed towards Rawalakot. The march is being caused by the impasse in the negotiations.

Reportedly, the demonstrators have blocked the 40-kilometer Kohala–Muzaffarabad Road, which connects Kohala Town and Muzaffarabad, multiple times.

Traffic on main thoroughfares and roads has decreased, and large police contingents have been stationed at strategic points and roundabouts.

After fighting broke out between the police and demonstrators in Mirpur on Saturday, which left one policeman dead and numerous others injured, the AJK government dispatched Rangers.

Everything is completely suspended, including internet and cellular services, business, and education.

Under the pretext of talks, Awami Action Committee leader Sardar Umar Nazir Kashmiri has charged that the administration is using deceptive methods.

Apart from the flour subsidy, he continues, the administration will not budge on any other demand.

CONVENE MEETINGS, PRESIDENT, PM

All parties involved have been asked by Prime Minister Shehbaz Sharif and President Zardari to use moderation and engage in discussions to find a solution. According to both, the demonstrators in Azad Kashmir should have their legitimate demands met.

The issue in AJK will be the topic of a significant meeting that Prime Minister Shehbaz Sharif is calling today, Monday.

The skirmishes between the demonstrators and the AJK police caused anxiety for the premier on Sunday.

Speaking with Chaudhry Anwarul Haq, the prime minister of AJK, he said he also gave the office-bearers of the All-Pakistan Muslim League-Nawaz in AJK instructions to speak with the leaders of the Awami Action Committee.

Olive Branch is offered by AJK PM.

Prime Minister of Jammu and Kashmir Chaudhry Anwarul Haq stated on Sunday that his administration was ready to lessen the burden of exorbitant grain and energy costs.

Regarding Saturday’s meetings with the demonstrators, Prime Minister Haq declared, “We are determined to implement the agreement we have reached with the Awami Action Committee.”

Politicians, according to Haq, have found solutions to issues through discussion and “we are ready to talk with the Awami Action Committee at any level and the demands related to the government of Pakistan will be raised before the federation.”

In order to ease the burden of rising flour and power prices, he also expressed a willingness to modify the development budget if needed.

The AJK prime minister stated that his government’s first priority was ensuring public safety, and he further stated that no force was applied to the demonstrators.

Sub-inspector Adnan Qureshi was killed in a confrontation with demonstrators in Mirpur, and hundreds of people attended his funeral on Monday.

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Today’s National Assembly session is scheduled.

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The National Assembly (NA) will meet today (Monday) at the invitation of President Asif Ali Zardari.

At 4:00 p.m., the National Assembly will convene in the federal capital at Parliament House. The meeting’s agenda has been released by the assembly secretariat.

As per Article 54(1) of the Constitution of the Islamic Republic of Pakistan, the President has the authority to call a session of the National Assembly.

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