Three-day traders strike from Monday

Businessmen ask govt to withdraw anti-business budget

Our Correspondent July 07, 2019
Major bazaars forced to close, traders threaten shutdown.

KARACHI: Karachi-based businessmen and traders have given a shutter-down strike call for three days, starting Monday. The three-day ultimatum is given to the government to withdraw the “anti-business budget made on dictation of IMF.”

“We, the businessmen, traders and shopkeepers, would observe three-day (shutter-down) strike from Monday, across the city,” Karachi Electronic Dealers Association (KEDA) President Muhammad Rizwan said at a press conference on Saturday.

Karachi traders give 3-day ultimatum to govt

Major markets of the port city, keeping shutters down, displaying banners and wearing black armbands to record peaceful protest, would include the country’s single largest wholesale market; Jodia Bazaar, Karachi mobile and other markets in Saddar, main cloth markets at the tower, malls at Tariq Road and car dealers at Khalid Bin Walid Road, he told The Express Tribune.

They have raised 11 demands for withdrawing the strike call, including removal of value-added tax, exemption on income up to Rs1.2 million a year compared to the one available at Rs0.6 million a year.

Published in The Express Tribune, July 7th, 2019.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.


Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ


Most Read