THE BARBARIC INFLATION IN PAKISTAN

The Annual Inflation rate of Pakistan jumped to 21.1 percent in JUNE 2022  from 13.8 in the previous month  It was the highest inflation rate since January of 2020, underpinned by prices of transport (31.8 percent vs 28.3 percent); food & non-alcoholic beverages (17.25 percent vs 17 percent), furnishings (16.1 percent vs 14.7 percent), and restaurants & hotels (16 percent vs 14.6 percent). Meanwhile, prices eased for housing and utilities (5.8 percent vs 7.1 percent). Every month, consumer prices edged up 0.4 percent, slowing from a 1.6 percent rise in April

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RAMADAN KAREEM

RAMADAN KAREEM

Ramadan, Arabic Ramaḍān, in Islam, is the ninth month of the Muslim calendar and the holy month of fasting. It begins and ends with the appearance of the crescent moon. Because the Muslim calendar year is shorter than the Gregorian calendar year, Ramadan begins 10–12 days earlier each year, allowing it to fall in every season throughout a 33-year cycle.

Islamic tradition states that it was during Ramadan, on the “Night of Power” (Laylat al-Qadr)—commemorated on one of the last 10 nights of Ramadan, usually the 27th night—that God revealed to the Prophet Muhammad the Qurʾān, Islam’s holy book, “as a guide for the people.” For Muslims, Ramadan is a period of introspection, communal prayer (ṣalāt) in the mosque, and reading of the Qurʾān. God forgives the past sins of those who observe the holy month with fasting, prayer, and faithful intention.

 

 

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