JI Sit-in Continues in Karachi Over Inflation and Fuel Levy

The Jamaat-i-Islami (JI) sit-in against rising inflation, petroleum levy, and "public-hostile" IPP agreements has continued for a fourth consecutive day in Karachi. JI leaders, including Monem Zafar Khan, criticized the collection of Rs 130 per litre as "bhathha" and highlighted the Rs 1,566 billion collected as petroleum levy last fiscal year. The party announced its chief, Hafiz Naeemur Rehman, would join the protest on Friday, Aug 21, vowing to continue until demands are met. While reflecting public discontent over economic conditions, this ongoing domestic protest is unlikely to cause immediate, significant shifts in gold or USD/PKR rates.

بحوالہ / Source: www.brecorder.com