Thursday, July 18, 2024

Inflation-Hit Nation Facing for Toughest Ramazan

Ramadan this year is expected to be particularly difficult for citizens all over the nation as a result of hyperinflation, economic slowdown, and decreased incomes that are limiting their purchasing power and putting a cap on their daily expenses, particularly the consumption of edible goods during the holy month.

As the month of blessings approaches, when prices of goods decrease sharply throughout in the world, supply costs in Pakistan rise, making life miserable for the already impoverished country.

Retailers claimed that they were charged more for fruits and vegetables, while wholesalers used a supply shortage as an alibi.

Due to soaring prices, it became difficult for low- and middle-income groups, particularly during the holy month, to cover culinary expenses.

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