Karachi, August 28, 2024 – A nationwide strike led by traders has brought Pakistan to a standstill, protesting against the government’s recent tax reforms and soaring electricity bills.
The strike, which took place on Wednesday, saw businesses across the country shut down in a unified show of dissent against the economic policies that traders claim are suffocating their livelihoods.
The All Pakistan Anjuman-e-Tajiran, a leading traders’ association, spearheaded the strike with support from various political parties, including the Jamiat Ulema-e-Islam Fazl (JUI-F), Pakistan Tehreek-e-Insaf (PTI), Jamaat-e-Islami (JI), and Awami National Party (ANP). Markets and commercial centers remained closed in major cities like Karachi, Lahore, Islamabad, Peshawar, and numerous smaller towns, as traders joined hands with these political entities to express their frustration and discontent.
At the heart of the protest is opposition to the government’s “Tajir Dost Scheme,” a tax reform initiative that traders argue imposes excessive burdens on small and medium-sized businesses. Javed Shams, president of the All Pakistan Anjuman-e-Tajiran’s Sindh chapter, voiced the concerns of many traders: “The ruling class wants to take away the right to live from the business class and the people.” He further criticized the so-called “Trader Friendly Scheme,” stating that it is far from acceptable in its current form and only serves to strain already struggling businesses.
The strike also highlighted grievances over inflated electricity bills, which traders say have reached unsustainable levels, further exacerbating the financial pressures they face. “These inflated bills are crippling our businesses,” lamented one trader in Karachi, reflecting a sentiment echoed by many across the nation.
Despite the widespread shutdown and the clear message sent by the trading community, the government has shown no signs of reversing its stance. Coordinator to the Prime Minister, Rana Ihsaan Afzal Khan, emphasized the government’s resolve, stating, “The government will not be pressured by traders.” This firm position suggests that there may not be immediate relief for those affected by the new tax policies and rising utility costs.
The nationwide strike underscores the significant role that the trading community plays in Pakistan’s economy, with the shutdown halting economic activity and drawing attention to the deep divisions between the government and the country’s business sector. As the situation develops, all eyes will be on whether the government will make any concessions or if the traders will intensify their protests in response to the lack of dialogue.
