As the auspicious month of Ramazan draws near, the nation is gearing up for possible shortages in critical commodities, notably onions and bananas. Worries about the scarcity of these essential items have spurred discussions at both provincial and federal levels, heightening the likelihood of imposing export bans to address the impending shortfall.
In response to the looming shortage, the chief secretary of Punjab has recommended a temporary ban on banana exports to Iran and Afghanistan and onion exports to Gulf states until the conclusion of Ramazan. This proposal aims to guarantee ample availability of these items for domestic consumption during the sacred month.
Exporters have asserted that the export of onions and bananas has indeed been temporarily halted, with onion prices skyrocketing due to India’s export ban on the vegetable.
Aligning with this proposal, the Ministry of Commerce has directed the Trade Development Authority of Pakistan to notify stakeholders about potential export restrictions, showcasing the government’s proactive stance in managing anticipated scarcity and prioritizing the needs of the local population.
Simultaneously, the Karachi commissioner has issued a price notification for various commodities ahead of Ramazan, setting prices for essentials such as milk, sugar, flour, meat, and poultry products. This move aims to ensure affordability and accessibility for consumers during the fasting period.
Prices have been established for various items, including milk at Rs200 per kilogram, sugar at Rs130 per kg, flour at Rs128 per kg, fine flour at Rs138 per kg, boneless beef at Rs950 per kg, and with bone at Rs800. Additionally, goat meat is priced at Rs1,700 per kg, live chicken at Rs366, and its meat at Rs598 per kg.
While these measures seek to regulate prices and address potential shortages, the country faces challenges, notably soaring onion prices following India’s export ban on the vegetable. This situation underscores the importance of proactive measures to mitigate the impact of external factors on domestic commodity markets.
As Karachi and the rest of the country prepare for Ramadan, authorities remain vigilant in addressing potential challenges, ensuring sufficient supplies of essential commodities, and facilitating a smooth and blessed observance of the holy month.
