Electricity crisis shadowed in Pakistan, people in Karachi protest against rising electricity prices

People in various places, notably Karachi, openly expressed their discontent and staged protests in response to Pakistan‘s ever-rising electricity prices. On Thursday, there were widespread protests about increased electricity prices in Karachi, with protesters storming the K-Electric office in the Korangi district.

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The demonstrators, according to the news agency ANI, demonstrated throughout Karachi’s neighborhoods and reportedly damaged the office’s furniture. People in several areas of Karachi city have been forced to go to the streets due to rising electricity costs and protracted power outages. Many demonstrators who were outraged by the increase in electricity costs halted traffic on the roadways by erecting barriers and setting tyres on fire. These consumers claim that the higher electricity prices are out of their price range.

On Monday, protests against Pakistan’s escalating electricity tariffs took place all throughout Peshawar. People had gathered in front of the Electric Supply Company’s office to demonstrate their disapproval. A power shortage persists in Pakistan. Prime Minister Shahbaz stated last month that the federal government was making every effort to restart the power plants that had stalled in order to resolve the severe energy crisis the nation was now experiencing.

The problem in Pakistan has gotten worse due to the country’s increasing reliance on LNG for electricity generation. Pakistan is having trouble covering the expense of importing LNG from outside due to the steep decline in its foreign exchange reserves. Pakistan and Qatar have already signed two significant long-term supply agreements for LNG. The first transaction was completed in 2016; the second, in 2021. In spite of this, it is difficult to meet the country’s need for electricity.

Chinese media pleased about Shehbaz Sharif becoming PM, said- ‘Shahbaz will be better than Imran for Sino-Pak ties’

As you may know, Shahbaz Sharif has become the new Prime Minister of Pakistan. The China that Imran Khan grew closest to during his tenure is the same one that is expressing happiness at Imran Khan’s departure from power. The Chinese state media stated on Sunday that the Sino-Pak relationship would now be more favorable after Imran Khan’s ouster as Pakistan’s new PM, citing that Shehbaz Sharif would be a great addition to the government.

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Relations with China will not be affected

According to China‘s official newspaper, ‘Global Times,’ Shehbaz Sharif, the youngest brother of Pakistan’s three-time prime minister, will formally form the government after Monday’s parliament session. Both Pakistani and Chinese analysts believe that internal political changes in Pakistan will not affect the strong relationships between the two countries.

Several generations of the Sharif family have promoted China-Pakistan relations during Imran Khan’s reign, the article states. As a result, there might be even better cooperation between the two countries than Imran Khan had.” The relationship was also said to be stronger before.

Many important deals happened during Nawaz’s time.

As a result of the Nawaz Sharif government, the $60 billion China-Pakistan Economic Corridor (CPEC) between the two nations saw positive progress. During Khan’s opposition, the Chinese objected to him because he had criticized the project. After he became the leader, they became big fans.

China admits that Imran has failed on the economic front

Currently, political change in Pakistan is mainly caused by political party conflicts, an economic crisis, and livelihood concerns, according to Qian Feng, the Director of the Research Department at the National Strategy Institute at Tsinghua University. As far as Kian is concerned, Imran Khan did not succeed in salvaging the country’s economy and instead, sunk it further.

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