Pakistani traders anticipate Rs50 billion losses from Sindh lockdown

A man walks past the closed market during a lockdown in Karachi, Pakistan, on July 30, 2021. (REUTERS)
Short Url
Updated 01 August 2021
Follow

Pakistani traders anticipate Rs50 billion losses from Sindh lockdown

  • The country’s leading business association has asked the provincial administration to ‘reassess’ its decision to save the economy
  • Pakistan’s information minister describes Karachi as ‘the jugular vein’ of the national economy, saying no one will be allowed to disturb the country’s financial lifeline

KARACHI: The provincial administration of Sindh was widely criticized by businessmen and traders on Saturday for imposing a nine-day lockdown to curb the rising number of coronavirus cases since they believed the decision would hurt Pakistan’s national economy.
“We are estimating Rs50 billion in losses to local traders and business community during these nine days,” said the chairman of Karachi Tajir Ittehad Atiq Mir. “The country’s economy is already weak and such steps will damage it further.”
Mir said he feared the business community in Pakistan’s southern port city would not be able to pay direct taxes to federal, provincial and city authorities, if the lockdown was allowed to persist.




A guard is busy using his mobile phone in Karachi on July 31, 2021, though the place otherwise looks deserted due to a lockdown imposed by the provincial administration of Sindh on Friday. (AN photo)

“We will bear these ten days but defy the authorities and open our businesses if they decided to extend the lockdown,” he continued.
The Sindh government on Friday announced an extensive lockdown in Karachi, the country’s commercial capital, to control the rising number of COVID-19 cases and prevent the spread of the delta variant of the coronavirus.
“There will be a lockdown from July 31 to August 8,” Chief Minister Murad Ali Shah told the media after a meeting of the provincial coronavirus taskforce. “A partial lockdown will be imposed across the province, but Karachi city will get our greater focus.”
He added the lockdown would “specifically focus on the retail industry,” though he maintained that essential services would remain open and vaccination centers would continue to function as well.




People are buying groceries at a supermarket in Karachi on July 31, 2021. The Sindh government on Friday announced a lockdown in Pakistan’s southern port city to curb the rising number of COVID-19 cases, though it exempted grocery and medical stores from the virus restrictions. (AN photo)

Shah announced he had taken federal government and other stakeholders into confidence before taking the decision.
In a statement issued on Friday, the country’s information minister, Fawad Hussain Chaudhry, said, however, that the Sindh administration would not be allowed to impose a complete lockdown in the province.
He quoted Article 151 of the Constitution, saying that Pakistan was a single market and the port in Karachi was the jugular vein of its economy.
“Any move that can affect the country’s economic lifeline cannot be allowed,” Chaudhry added.
Speaking to Arab News, Mian Nasser Hyatt Maggo, president the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), implored the Sindh administration to “reassess its decision since it would destroy businesses.”




A large number of people queue up at a vaccination center in Karachi on July 31, 2021, as the provincial government imposed a lockdown on Friday to bring down the number of COVID-19 cases in the city. (AN photo)

The FPCCI president suggested the government should focus on an inclusive vaccination drive and make businesses follow the officially prescribed health guidelines.
He added all industries should be allowed to operate seven days a week so they could carry out their production activities.
Maggo said if industries and businesses remained under restrictions, it would become impossible for their owners to pay salaries to employees.




Karachi’s busy Tariq Road wears a deserted look on July 31, 2021, after the Sindh administration announced a lockdown in the city on Friday. (AN photo)


Athar Sultan Chawla, convener of All Pakistan Restaurants Association, said the lockdown would further destroy the country’s vulnerable food industry.
“We have been facing partial lockdown for the last 16 months which has severely damaged our industry,” he said. “This is despite the fact that it directly employs over 2.5 million people and uses local produce.”
Chawla added over 20 percent of restaurants had already shut down in the country, rendering thousands of workers jobless.
“If this policy continues, more people will be unemployed,” he continued. “We have the right to ask the government how the takeaway service can spread the virus? Outdoor dining should also be allowed since restaurants have been taking necessary precautionary measures.”
Chawla added that restaurant industry had become a “soft target.”
 


FIFA president says will visit Pakistan ‘soon,’ vows to promote football in country

Updated 58 min 19 sec ago
Follow

FIFA president says will visit Pakistan ‘soon,’ vows to promote football in country

  • FIFA President Gianni Infantino describes Pakistan as a “great football country” on sidelines of World Economic Forum summit
  • Football has long been popular among Pakistan’s youth but continues to operate in shadow of cricket, the country’s most lucrative sport

ISLAMABAD: FIFA President Gianni Infantino said on Thursday he would visit Pakistan “soon,” vowing to promote the development of football in the South Asian country. 

Infantino was speaking to Pakistan TV Digital on the sidelines of the 56th annual meeting of the World Economic Forum summit in Davos. 

“Well, I will come to Pakistan actually very soon,” Infantino said. “I promised the prime minister [Shehbaz Sharif]. Because we have now a new president of the [Pakistan Football] Federation who is doing a fantastic job.”

The FIFA official described Pakistan as a “great football country.”

“We need to bring Pakistan to the head, to the top of Asia for sure,” Infantino said. “Thank you, we are working on that.”

Pakistan’s relationship with FIFA has grown and evolved over the years. Last month, FIFA appointed Pakistani lawmaker Syeda Amnah Batool to its Institutional Reforms Committee. 

FIFA Senior Vice President Sheikh Salman bin Ibrahim Al Khalifa visited Pakistan in November 2025. During the three-day visit, he discussed the development of football infrastructure with Pakistani football executives and government officials. 

Football has long been popular among Pakistan’s youth but in recent years participation has grown at the grassroots level amid rising interest in international leagues.

Local tournaments, school competitions, and community clubs across major cities have further fueled enthusiasm for the sport.

Like other sports, however, it continues to exist in the shadow of cricket. Since decades, cricket continues to remain the most popular and lucrative sport in Pakistan.