Cars | Culture | Education | Finance | Fun | Homes | Legal | Religion | Travel

Price spiral makes Pakistanis doubt Ramadan blessings - Feature

Posted : Tue, 01 Sep 2009 05:05:39 GMT
By : DPA
Category : Religion (General)
News Alerts by Email ( click here )
Religion General News | Home
Islamabad - Muslims around the world believe Ramadan is a period during which the doors of heaven are opened and blessings shower down in abundance, but many in the Islamic Republic of Pakistan feel the opposite. Days before the month started, the hoarders, profiteers and cartels of factory owners suddenly increased prices of food items by creating an artificial shortage, causing more suffering to a nation that is has been hit hard by a weak economy in recent years, mainly because of rising Islamic militancy.

Prices of staples, meat, milk, cooking oil and sugar shot up in the first day of Ramadan, increasing between 30 and 40 per cent from the previous week.

"These traders are just like thieves and robbers," said housewife Hina Jamil, as she bought fruit from a shop in Islamabad. "They first create an artificial shortage of commodities and then increase their prices.

"Where is the spirit of Ramadan during which one learns to control one's desires, but these hoarders and profiteers have so much lust for money?" she wondered.

Another shopper, college lecturer Shahab Ahmad, said it was becoming difficult for people to have a single proper meal these days.

"You know only few years back our table was full of several traditional dishes when we broke the fast, but now we can afford only a few things: a couple of dates, glass of water and one or two pakoras (a fried snack made with flour, onions and potatoes)," Ahmad said.

Long queues of men and women waiting in the scorching heat for hours, to buy a bag of subsidized flour from government-operated mobile outlets in almost every small or big city, is an indication of the tight budgets of poor and lower middle-class families.

Inflation has skyrocketed since 2007, reaching a monthly high of 25 per cent last August, when the country's economy started to melt down amid dozens of suicide bombings carried out by al-Qaeda and Taliban-linked groups operating from ungoverned tribal regions along the Afghan border.

In late 2008, the country of more than 160 million people reached out to the International Monetary Fund to avoid default on its external payments.

Since then, the global lender has approved more than 11.3 billion US dollars for cash-strapped Pakistan, but at a price which has far-reaching effects for low-income families.

To meet the conditions set by the IMF, the government increased the prices of natural gas and electricity - a bitter pill for many families that live on the verge of poverty, earning barely little more than three dollars a day.

"In the past we would put aside some money for Ramadan but it was impossible this year

Copyright DPA

Share/Save/Bookmark

Article : Price spiral makes Pakistanis doubt Ramadan blessings - Feature
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  


 

More Religion (General) News click here | Travel Guide
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 

 

The Earth Times
News Category

© 2010 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.