WHILE Ramazan is a time for devotion and self-reflection, Pakistan prepares for an annual challenge both for its people in terms of their ability to put up with the rigours of the fasting month, and for the government with respect to its ability to control the escalating prices during the month.

Every year, as families prepare for a month of fasting — and feasting — the monster of inflation flexes its muscles. This year was no different. Pakistan saw worrying levels of consumer price inflation leading up to Ramazan. The holy month, which is meant for charity and introspection, is once again being over- shadowed by one’s battle to get hold of basic necessities.

There are mafias out there to make a profit with absolutely no regard for the plight of the many who are reeling under the impact of the current economic down- turn. The mafias are engaging in hoarding and price manipulation, causing artificial shortages to drive up prices even further. Such actions of greed, especially when committed during Ramazan, have spiritual consequences that extend beyond this worldly life.

It is now up to the local communities to remain alert, and report any case of hoarding or price manipulation. By holding retailers accountable, people can assist the official machinery in promoting fair market practices.

The government, on its part, must take decisive actions. The recent announcement of relief packages aims at providing respite to the poor and middle classes, with subsidies on essential items. However, more proactive measures are necessary. The appointment of responsible individuals to oversee price control committees, strict action against profiteers, and tax exemptions on daily use items are some of the steps that can help stabilise the market.

There is no doubt that the responsibility also falls on the shoulders of local officials and regulatory authorities. They must play their part in discouraging market exploitation. It is our collective respon- sibility to ensure that the spirit of the month is not marred by economic hardships.

Shahid Ullah Khan Tator
Dera Ismail Khan

Published in Dawn, March 16th, 2024