Average inflation in Pakistan surpasses that of other South Asian countries, leaving our so­ciety vulnerable to the whims of a select few elites who prioritise power politics over the welfare of the people. Despite a reduction in petro­leum prices, there has been no cor­responding relief in electricity prices, with indications pointing towards further increases in the pipeline. Historically, those in power have focused on self-en­richment rather than addressing the fundamental problems faced by the public. The con­tinuous surge in electricity prices and the burden of taxes have dis­proportionately affected the com­mon man compared to capitalists, leading to a 40% increase in pro­duction costs. The closure of thou­sands of power looms has brought businesses to a standstill, resulting in widespread unemployment.

Source: The Nation November 24, 2023 20:14 UTC