KARACHI: The business community in Karachi has agreed to close shops and markets at 8 p.m. to preserve energy amid growing inflation.
On Thursday, Commissioner Karachi Muhammad Iqbal Memon had a consultative meeting with leaders from the city administration and business organizations in his office.
He outlined the federal government’s energy-saving plan in the face of rising fuel prices. He also sought the help of the dealers.
Following the talks, he declared that throughout the metropolis, stores and marketplaces would close at 8 p.m., wedding venues at 10 p.m., and restaurants at 11 p.m.
According to the commissioner, the government has completed negotiations with trade and business organizations on energy-saving measures.
The majority of trade associations present at the meeting pledged complete cooperation in carrying out the government’s decision.
The National Economic Council (NEC) voted earlier this week to order closing markets across the country at 8:30 p.m.
The decision was made at a conference led by Prime Minister Shehbaz Sharif and attended by the Chief Ministers of Sindh, Punjab, and Balochistan, as well as the Chief Secretary of Khyber-Pakhtunkhwa, Dr. Shehzad Khan.
The Chief Ministers praised the federal government’s efforts to address the energy problem, and the four provinces agreed to the plan to close markets at 8:30 p.m.
The Chief Ministers of Sindh, Punjab, and Balochistan, on the other hand, requested a period of two days to discuss with their respective trade groups. Still, all four provinces agreed in principle to the proposal.