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Eid economy regains lost ground - Newspaper

People visit a cattle market set in Peshawar before Eid. AP Paying little heed to the government’s advice of restraint, as the potentially devastating fourth wave of Covid-19 threatens Pakistan, people celebrated Eidul Azha with traditional fervour as activity-starved youth were seen moving in groups visiting cattle mandis. The multi-billion rupees Eid market that shrunk to half in 2020 covered much of the lost ground this year. Spike in activity was also observed in Eid related shopping in clothing, footwear and accessories segments with women and children thronging malls and bazaars. Fearing a spike in Covid cases other provinces are watching closely but Sindh Government has imposed stiff restrictions from today as health infrastructure started creaking with patients load.

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