Tag: economic inequality

Report: Pakistan’s Growing Crisis of Bankrupt Economy!

The Ministry of Economic Affairs has informed Parliament that over the past five years, from July 2018 to June 2023, the state has acquired external loans of $57.27 billion. These figures don’t yet include any IMF loans. Currently, Pakistan is making annual payments of approximately $25 billion on these loans, most of which is interest…

30 October, 2024
Karachi: Bahria Town Employees Protest Against Non-Payment of Salaries and Dismissals

Over 600 workers were forcibly dismissed from Bahria Town company without three months’ compensation. Bahria Town is the country’s largest real estate company. All dismissed workers’ homes relied on their monthly salaries. One worker said, “I bought a home appliance on installment; now I can’t pay.” Another stated, “I’m the sole breadwinner; without my salary,…

22 August, 2024
Solidarity with Nationwide General Strike of Indian Workers Unions and Farmer Organizations

Indian workers unions (under CTU) and farmers organisations (under SKM) went jointly on a nationwide strike on 16 February 2024. Since the right-wing party BJP, led by Modi, came to power in 2014, continuous attacks on the working class have been ongoing. Modi’s government is rapidly pursuing the policy of selling public institutions, especially railways,…

13 March, 2024

Report: Pakistan’s Growing Crisis of Bankrupt Economy!