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Pakistanis buy dates in the main market of Karachi (AFP)
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ASIF
FAROOQI, IOL Correspondent
ISLAMABAD,
OCTOBER 15 (IslamOnline.net) – Awaiting an official announcement on
the start of Ramadan later Friday, October 15, Pakistanis are
complaining of record high commodities prices, a market survey and
interviews with consumers revealed.
A
government moon-sighting committee will meet in Peshawar on Friday
evening to review information from its representatives throughout the
country to make an announcement on the beginning of the fasting month.
Though
prices hike is rather an annual phenomenon attached with the advent of
Ramadan, government estimates show 9.25 increase in the prices of
commodities in the last three months, the highest ever in decades.
"Items
of daily use in kitchen have registered sharp increase over the past
two months which has pushed the inflation up," Nadeem Malik,
economic writer and analyst, told IslamOnline.net.
Insane
A
market survey by IslamOnline.net correspondent a day before the
moon-sighting announcement shows the rise in the prices of fruits,
vegetables and floor was actually much higher.
"This
is insane and inhuman," said Mohammad Aslam, a buyer at a local
market in Islamabad.
"The
vegetables which were being sold for 14 rupees a kilo are now double
the price in the matter of a week."
The
same applies for potato which shot up from 14 rupees a kilo to 28
rupees in less than a week.
Floor
also registered an increase of over 15 per cent.
"Higher
demands generally push the prices of kitchen items upwards every year
before Ramadan but this year its unbearable," said Naznin, a
housewife shopping from the same market.
"A
family with an income of five to six thousands rupees a month was
surviving on vegetables because they used to be cheap. But now they
cannot even afford vegetables. What should they be eating now,"
said another woman.
Cheap
Bazaars
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Pakistani shop workers prepare 'Khajla Phehni' (protein rich vermicellis), a popular dish in Ramadan (AFP) |
In
a bid to address the prices crisis in Ramadan, the government has
established ten special "cheap bazaars" and given subsidy to
the state-controlled Utility Stores to sell daily items at controlled
rates.
While
these bazaars were thronged by the eager buyers, complaints were
coming in of poor quality of things available there.
Some
hold the public equally responsible for the increase in prices because
of the tendency to hoard stock of kitchen items at the first day of
Ramada which put pressure on the market and prices go up.
"This
is a very logical economics," said Dr Ashfaq Khan, an advisor to
the finance ministry.
"Whenever
there is pressure on one commodity, its price goes up naturally,"
he said.
"I
would suggest the shoppers should avoid stocking the general things
which are always readily available in the market. This is the only way
to check inflation in the food items," Khan said.
Last
year, Pakistani authorities failed to successfully implement a proposed
control mechanism to check price hike in Ramadan.