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50,000 flood affectees arrive in Karachi, housed in relief camps

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  • 50,000 Sindh flood affectees reach Karachi.
  • Tens of thousands more flood affectees may arrive in provincial capital.
  • Exact number of people affected by province’s rains and floods is still not known.

Around 50,000 Sindh residents who were displaced due to heavy rains and floods have arrived in Karachi and are being housed at various relief camps, according to Labour and Human Resources Minister Saeed Ghani.

Tens of thousands more flood affectees may arrive in the provincial capital in the coming days, Ghani said at a meeting he presided over as president of the Pakistan Peoples Party (PPP) Karachi chapter.

The minister stated that no exercise has yet been conducted to determine the exact number of people affected by the province’s rains and floods. He estimated that the number of flood victims could number in the millions. He emphasised that the people who left their homes to travel to Karachi did so voluntarily.

He also pointed out during the meeting that the PPP’s Karachi chapter has set up more than 65 relief camps to help the people affected by floods, The News reported. PPP Sindh General Secretary Waqar Mehdi told the meeting that medical teams will be stationed at every relief camp for treating the ailing or injured victims of floods.

Mehdi said the camps established by the PPP are not accepting cash donations, adding that all monetary contributions by the public are to be deposited in the bank account of the provincial government’s flood relief fund.

He said the PPP will ensure strict supervision of the development works to be carried out across the city for repairing the roads damaged during the monsoon rains. Sindh Women Development Minister Shehla Raza said that special arrangements have to be made for the food and nutritional needs of the displaced children. Shehla said the provincial government has been taking care of the special health needs of the women and children among the affected people.

PPP Karachi General Secretary Jawed Nagori said that proper data on the flood victims arriving in different districts of the city needs to be collected. Nagori said the people who have been rendered homeless due to floods and want to reach Karachi for temporary shelter should be given maximum facilitation.

Sindh Social Welfare Minister Sajid Jokhio said that 25,000 flood-affected people have reached District Malir of Karachi, adding that the district has been receiving 3,000 to 4,000 victims on a daily basis.

Jokhio suggested establishing a tent city near the Northern Bypass for designating a central location for housing the flood victims instead of housing them at different camps. He said the proposed tent city should have the best medical treatment facilities.

The meeting also adopted a resolution to condemn the alleged audio clip of a conversation between PTI Senator Shaukat Tareen and the Punjab finance minister, observing that its contents are against the interests of the country. The resolution called upon the federal government to invoke Article 6 of the constitution for taking lawful action against the PTI leaders who have made remarks against the interests of Pakistan.

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Explanation: The increase in inflation in the United States would cause electricity costs in Pakistan to rise.

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Electricity contracts between Independent Power Plants (IPPs) and the federal government not only involve capacity costs, but also have a significant impact on the economy and the financial well-being of the population. These contracts are closely linked to the inflation rate and the value of the US dollar.

Startling disclosures have emerged regarding the exorbitant electricity tariffs in Pakistan. The Council of Economic and Energy Journalists Sage, representing the institute, provided a briefing to leading journalists in Karachi.

According to the information provided, the electricity rate component in Pakistan experienced a 253 percent increase from 2019 to 2024 as a result of inflation in America.

The data presented in the briefing indicates that the capacity charges in Pakistan were Rs3.26 per unit in 2019 and climbed to Rs10.34 per unit in 2024.

The capacity charges imposed on the public incorporate the effects of both US inflation and domestic inflation.

Due to the rise in the country’s interest rate, the interest payment for energy has climbed by 343% during a span of four years. Over the course of four years, the working capital of IPPs caused a 716 percent increase in the cost of power per unit.

The electricity rate has increased by 12 to 20 percent, with 70 percent of the charges being capacity charges.

SDPI experts recommended the government to adopt a centralised tariff policy rather than a universal electricity tariff strategy.

The power generation capacity amounts to 23,000 megawatts.

As a result of the increase in solar power generation in the country, the capacity charges will have an additional adverse impact on the residents.

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Business

Significant surge in the price of gold in Pakistan

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On Friday, the price of gold in Pakistan continued to increase.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-karat gold per tola has risen by Rs2,200, reaching Rs249,000.

The price of 10-gram 24-karat gold increased by Rs1,886, reaching a total of Rs213,477. On Thursday, the cost of 10 grammes of 22-karat gold was Rs195,687.

The global gold market likewise had a rising trajectory. As per APGJSA, the worldwide rate was $2,404 per ounce, showing a decline of $24 during the course of the trading day.

The local market witnessed constant silver prices at Rs2,900 per tola.

Market observers attribute the increase in gold prices to other variables, such as volatility in the global market, currency exchange rates, and economic conditions. The ongoing surge in gold prices is likely to impact investment choices and consumer behaviour in the near future.

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Court ruling: PTI to overtake all other parties in the National Assembly

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Eight independents and 84 Sunni Alliance members mean that the PTI will likely have 92 legislators in the National Assembly, according to sources.

PTI’s strength in the Lower House is expected to surge to 114 members if it regains the 22 reserved seats it previously lost.

As for the PML-N, they have 108 members in the National Assembly; PPP has 68; MQM has 21; JUI-F has 8; PML-Q has 5; and IPP has 4.

Following the Supreme Court’s ruling on the distribution of reserved seats, the 77 extra seats meant for women and minorities were taken away from the PML-N, PPP, MQM, and JUI.

The electoral commission had on May 13 suspended the 77 Sunni Ittehad Council reserved seats on directives from the Supreme Court. 22 National Assembly seats and 55 provincial assembly seats are among the contested seats.

There are eleven seats from Punjab and eight from Khyber Pakhtunkhwa in the National Assembly that are up for debate among women. The suspended seats also include three seats that are designated for minorities. In the National Assembly, the PPP received five seats, the JUI received three, and the PML-N received fourteen of the 22 heavily contested seats.

There are no longer any allocated seats for minorities or women in the Khyber Pakhtunkhwa Assembly, with 21 seats for women. In addition to the JUI-F, the PML-N was allotted seven seats, the PPP seven, and the ANP one.

The Supreme Court’s decision has suspended the three minority seats and the 24 reserved seats for women in the Punjab Assembly. The PML-N received 23, the PPP received 2, the PML-Q received 1, and the Istehkam-e-Pakistan Party received 1 in Punjab.

There are now no longer any designated seats in the Sindh Assembly for women and minorities. MQM was allotted one reserved seat out of these, and the PPP two.

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