Sales slow at Pakistan Eid holiday market

Traders feed goats at a cattle market set up for the upcoming Muslim festival Eid Al-Adha also called "Festival of the Sacrifice", in Rawalpindi, Pakistan on July 20, 2020. (AFP/File)
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Updated 08 July 2022
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Sales slow at Pakistan Eid holiday market

  • Farmers spend time cleaning, grooming animals in the hope of attracting customers
  • Pakistan's economy is in the doldrums, with rampant inflation affecting everything

RAWALPINDI: Business was quieter than usual at one of Pakistan's biggest livestock markets Friday as an economic crunch stopped customers from splashing out on cows, sheep and goats for the Muslim Eid Al-Adha holiday. 

Farmers have been camped at the I-15 cattle market between Islamabad and Rawalpindi for two weeks, hoping to sell their stock ahead of the holiday, which starts Monday, but buyers are scarce. 

Pakistan's economy is in the doldrums, with rampant inflation affecting everything -- including holiday spending. 

Muhammad Mumtaz, who brought 50 animals to market, still had 30 left to sell. 

"Inflation is so high that customers do not have the purchasing power," he told AFP as he sat on a wooden bed. 

"We can't sell them cheaply," he added. 

"Feed is expensive, wheat is expensive, the truck fare has doubled... so there is nothing left for us." 

Like Muslims elsewhere in the world, Pakistanis usually buy an animal for slaughter over Eid Al-Adha, keeping a third for themselves, a third for friends and relatives, and a third for charity. 

Muslims say it commemorates the readiness of Prophet Ibrahim (Peace Be Upon Him) -- Abraham in the Christian and Jewish faiths -- to sacrifice his son to show obedience to Allah. 

"Prices are very high," Khurram Taseer, a bank employee, told AFP after splashing out 140,000 rupees (around $700) for a bullock. 

He said his extended family usually bought two cows for the holiday, but this year had cut down to one. 

The market is divided into sections according to the type of animal, with bulls selling for 100,000 to 700,000 rupees, while goats and sheep fetch between 40,000 and 100,000. 

The farmers spend time cleaning and grooming the animals, festooning them with floral garlands in the hope of attracting customers. 

Still, many would-be buyers left empty-handed. 

"Most people are not sacrificing animals because of the prices," said farmer Mulazim Hussain. 


Pakistan, seven Muslim nations back Palestinian technocratic body, stress Gaza-West Bank unity

Updated 15 January 2026
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Pakistan, seven Muslim nations back Palestinian technocratic body, stress Gaza-West Bank unity

  • The National Committee for the Administration of the Gaza Strip was announced on January 14
  • Muslim nations call for consolidation of the ceasefire and unimpeded humanitarian aid into Gaza

ISLAMABAD: Pakistan and seven other Muslim-majority countries on Thursday welcomed the formation of a temporary Palestinian technocratic body to administer Gaza, stressing that it must manage daily civilian affairs while preserving the institutional and territorial link between the Gaza Strip and the West Bank amid the ongoing peace efforts.

In a joint statement, the foreign ministers of Pakistan, Egypt, Jordan, Saudi Arabia, Qatar, Türkiye, Indonesia and the United Arab Emirates said the newly announced National Committee for the Administration of the Gaza Strip would play a central role during the second phase of a broader peace plan aimed at ending the war and paving the way for Palestinian self-governance.

“The Ministers emphasize the importance of the National Committee commencing its duties in managing the day-to-day affairs of the people of Gaza, while preserving the institutional and territorial link between the West Bank and the Gaza Strip, ensuring the unity of Gaza, and rejecting any attempts to divide it,” the statement said.

The committee, announced on Jan. 14, is a temporary transitional body established under United Nations Security Council Resolution 2803 and is to operate in coordination with the Palestinian Authority, the ministers said.

The statement said the move forms part of the second phase of US President Donald Trump’s Comprehensive Peace Plan for Gaza, which the ministers said they supported, praising Trump’s efforts to end the war, ensure the withdrawal of Israeli forces and prevent the annexation of the occupied West Bank.

The top leaders of all eight Muslim countries attended a meeting with Trump in New York last September, shortly before he unveiled the Gaza peace plan.

The ministers also called for the consolidation of the ceasefire, unimpeded humanitarian aid into Gaza, early recovery and reconstruction and the eventual return of the Palestinian Authority to administer the territory, leading to a just and sustainable peace based on UN resolutions and a two-state solution on pre-1967 lines with East Jerusalem as the Palestinian capital.