Peshawar: Women raising slogans against inflation and electricity load shedding staged a protest at Main G.T road, Peshawar.
Women were blocked the Peshawar to Kohat Main GT road for all kind of traffic for almost two hours and were demanding the local and federal government to resolve the inflation and electricity load shedding issues.
The Pakistan government has tried to stabilize the economy by reining-in imports and decades-high inflation. But fast-depreciating currency has made imports more expensive, while consumer prices saw a 25% year-on-year rise in the first half of the current fiscal year.
The measures were prompted by the dire straits in which Pakistan’s economy has been mired for years. International markets fear the country of 230 million people may be poised to default on its national debt repayments for the first time in decades. If that happens, there’s concern it could trigger a complete economic collapse of the national economy, and even large-scale social unrest.
Sima Khan: HewadPress / PK Islamabad
