Authorities impose curfew in two districts in Pakistan’s northwest over ‘security concerns’

KARACHI: Khadeeja Manzoor haggled with a vendor at a busy market in Pakistan’s Karachi over the price of vegetables. The sight is not an unusual one in Pakistan, especially during the holy month of Ramadan, where people flock to fruit and vegetable markets in thousands daily to buy food items. 

Muslims break their fast with the evening iftar meal during the holy month of Ramadan, consuming dishes prepared with fruits and vegetables in large amounts. This triggers a surge in consumer spending significantly during the holy month, one that increases sales at grocery stores and marketplaces.

“Our spending increases during Ramadan,” Manzoor, 45, told Arab News. “They (actually) double because though the prices of vegetables have declined a bit, other things have become costlier,” she added. 

Pakistan has long grappled with an economic crisis that saw inflation surge to a historic 38 percent in May 2023. However, the government has since then achieved some economic gains, with the country’s monthly inflation rate dropping to 1.5 percent in February on a year-on-year basis.

Dry fruit seller Wasib Abbasi noted that people spent more on items such as Rooh Afza, a sugary drink considered a staple Ramadan diet, and dates during the holy month. This causes a surge in sales during Ramadan, he added. 

“Our sales remain normal during the first 15 days of Ramadan but significantly increase during the second half,” Abbasi, who runs a store selling dry fruits at the busy Empress Market, told Arab News. 

Financial analyst Muhammad Waqas Ghani agrees the increased demand for food items and the increased inflow of remittances to Pakistan during Ramadan supplements the country’s economic growth. He said Pakistan usually sees a rise of 20 percent in remittances during the holy month every year. 

Remittances are a lifeline for Pakistan’s cash-strapped economy, playing a critical role in stabilizing foreign exchange reserves and supporting its balance of payments. Overseas Pakistanis remitted $3.1 billion in February.

“Ramadan does have a significant economic angle. Demand rises in food, lifestyle, and other areas like footwear,” Ghani, the head of research at JS Global Capital Ltd., a commodities brokerage company, told Arab News. 

During Ramadan, commercial banks also deduct billions of rupees from people’s accounts on account of the annual Islamic charity, Zakat. 

Ghani said the circulation of Zakat funds among the masses also increases their purchasing power, which leads to more consumer spending. 

Atiq Mir, chairman of the All Karachi Tajir Ittehad (AKTI), a body of over 400 trade groups in the southern port city, described Ramadan as the “spring month” for traders and citizens alike in terms of both divine blessings and material gains.

“The way people come to bazaars with their children gives a good look,” Mir said, adding that trade “runs above normal” during the holy month.

“Given the size of its population, Karachi alone is a Rs100 billion market if people came out proportionately for Eid shopping only.”
 

DHAKA: A court in Bangladesh upheld on Sunday death sentences of 20 former university students convicted of murdering a fellow student in 2019 who had criticized the country’s former government on social media.
Abrar Fahad, 21, a student at Bangladesh University of Engineering and Technology (BUET), was killed hours after publishing a Facebook post that criticized the then government of Sheikh Hasina for signing a water-sharing treaty with India.
Fahad was beaten for nearly six hours with cricket bats by a group of 25 students, all members of the Bangladesh Chhatra League, the student wing of former prime minister’s political party, the Awami League.
The student wing was accused of creating a reign of terror on university campuses before Hasina was ousted last year following a student-led uprising.
“I am satisfied. I hope the legal procedures will be completed soon, and justice will be served,” Fahad’s father, Barkat Ullah, told reporters after the verdict was announced by the court on Sunday.
“I don’t want to blame the parents who sent their sons to the top university, but they got involved in bad politics. I would urge others to stay away from harmful activities,” he added.
Fahad’s killing sparked nationwide protests, forcing Hasina to pledge the highest punishment for the perpetrators.
Due legal process will be followed to implement the verdict, Attorney General Md Asaduzzaman told reporters.
“The High Court upheld the lower court verdict that handed down death sentences to 20 and life imprisonment to five,” Asaduzzaman said.
“The convicts will be allowed to appeal against the verdict and will have all the rights ensured by the court.”
Syed Mizanur Rahman, one of the group’s defense lawyers, said, “We will appeal against the verdict.”
Of the 20 sentenced to death, four are still on the run.
One of them, Muntasir Al Jamie, who was convicted in Faha’s murder, broke through the prison wall of a high security jail on August 6.
Death sentences are common in Bangladesh, with hundreds of people currently on death row.
All executions are carried out by hanging, a legacy of British colonial rule.