Pakistan announces Ramadan relief package to aid citizens amid soaring inflation

People buy food and drinks items at a store ahead of the Muslim holy fasting month of Ramadan in Peshawar, Pakistan, on March 20, 2023. (AFP/File)
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Updated 14 February 2024
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Pakistan announces Ramadan relief package to aid citizens amid soaring inflation

  • The package amounting to $32.6 million will subsidize essential commodities for targeted beneficiaries
  • The country’s short-term inflation spiked by 39.45 percent on an annual basis at the start of this month

ISLAMABAD: Pakistan’s top economic decision-making body on Tuesday approved the Ramadan relief package ahead of the Muslim fasting month beginning in March to facilitate lower- and middle-income groups amid high inflation.

Governments in Pakistan typically announce the package every year to ease the burden of increased food consumption and charitable giving that characterizes the holy Islamic month.

The Ramadan relief package includes subsidies and price reductions on essential commodities such as wheat, sugar, oil and pulses, among other items.

“The Economic Coordination Committee has approved the proposed Ramadan Relief Package 2024,” the country’s state-owned broadcaster, Radio Pakistan, reported on Tuesday. “Under the package, subsidies will be provided to targeted beneficiaries of BISP [Benazir Income Support Program] with a net amount of 7.4928 billion rupees [$32.6 million].”

Pakistan witnessed all time high inflation of 38 percent last May which gradually declined to 28.3 percent at the outset of this year.

The country’s short-term inflation, measured by the Sensitive Price Index, spiked by 39.45 percent on an annual basis earlier this month due to a surge energy and food prices.

Independent financial analysts and global institutions, including the International Monetary Fund (IMF), believe Pakistan’s inflation will gradually ease in the coming months, potentially offering much-needed relief to people.


Met Office forecasts ‘widespread’ rain, snowfall in parts of Pakistan

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Met Office forecasts ‘widespread’ rain, snowfall in parts of Pakistan

  • Heavy snowfall may cause road closures, while there is a possibility of landslides and avalanche in hilly areas
  • Tourists are advised to remain extra cautious, avoid unnecessary travel during forecast period, Met Office says

ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast “widespread” rain and snowfall in northern parts of the country in the coming days, saying that a shallow westerly wave was likely to reach the upper regions on Friday.

The weather system is likely to strengthen from Jan. 20 and grip most parts of the country from Jan. 21, bringing rain, thunderstorm and snowfall to several areas, according to a PMD advisory. Gilgit-Baltistan, Azad Kashmir, upper Khyber Pakhtunkhwa, Murree and Galliyat will experience rain/thunderstorm with light to moderate snowfalls Jan. 16 till Jan. 20, with occasional gaps.

Widespread rain/thunderstorm is expected in these areas along with Islamabad, and Punjab’s Sargodha, Gujranwala, Lahore, Sahiwal, Multan, Faisalabad, Dera Ghazi Khan and Bahawalpur divisions, as well as KP’s Peshawar, Hazara, Malakand, Mardan, Kohat, Bannu, and Dera Ismail Khan districts on Jan. 20-23.

“Heavy snowfall is expected [in] Chitral, Dir, Swat, Kalam, Shangla, Kohistan, Battagram, Mansehra, Abbottabad, Murree, Galliyat, Neelum Valley, Bagh, Haveli, Rawalakot from 20th (night) to 23rd January with occasional gaps,” the PMD said.

Similarly, rain/thunderstorm is expected in Balochistan’s Quetta, Ziarat, Chaman, Pishin, Killa Abdullah, Killa Saifullah, Nushki, Harnai, Zhob, Kalat, Barkhan, Sibi, Loralai, Musakhel, Turbat, Gawadar, Jiwani, Lasbella, Kech, Awaran, Chaghi, Panjgur, Khuzdar, Washuk and Kharan districts on Jan. 21-22.

Karachi, Hyderabad, Dadu, Jacobabad, Naushero Feroz, Kashmore, Larkana, Shaheed Benazirbad, Mirpurkhas and Ghotki in Sindh are likely to receive rain with occasional gaps on Jan. 22-23.

“Moderate to heavy snowfall in (Quetta, Ziarat, Chaman, Pishin, Qilla Abdullah, Qilla Saifullah, Noushki, Harnai, Zhob) during the period,” the PMD said.

Heavy snowfall may cause road closures and slippery conditions in Naran, Kaghan, Dir, Swat, Kalam, Chitral, Kohistan, Mansehra, Abbottabad, Shangla, Astore, Hunza, Skardu, Murree, Galliyat, Neelum valley, Bagh, Poonch, Haveli, Quetta, Ziarat, Chaman, Pishin, Killa Abdullah, Killa Saifullah, Nushki, Harnai and Zhob, according to the PMD.

There is a possibility of landslides and avalanche in hilly areas of upper Khyber Pakhtunkhwa, Gilgit-Baltistan and Kashmir during this period.

“Tourists are advised to remain extra cautious and avoid unnecessary traveling during the forecast period,” it said.

“Fog condition is likely to diminish in Punjab, Khyber Pakhtunkhwa and upper Sindh during the wet spell. Day time temperatures are likely to drop significantly during the period.”