PAKISTAN PROTEST

People protest against increased income-tax slabs in Karachi

epa11492632 People hold placards reading in Urdu 'Lower income tax' during a protest against inflation in Karachi, Pakistan, 23 July 2024. The government, led by Prime Minister Sharif, has sought assistance from the International Monetary Fund (IMF) to avert a potential default, agreeing to a preliminary deal for about USD 7 billion under a 37-month extended fund facility. Despite these efforts, public discontent is growing as the middle and working classes feel heavily burdened by tax increases. Critics argue that the IMF's repeated aid packages fail to address Pakistan's structural economic issues, perpetuating a cycle of dependency. The government has said it plans to increase the number of taxpayers in the country. Only about five million people pay taxes out of a population of 240 million people. EPA/SHAHZAIB AKBER

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