Rs 450 Billion will Spent on Eid This Year 2023
According to the news, this year’s Eid-ul-Azha in the nation generated roughly Rs 450 billion in economic activity as a result of the improved Covid situation and the prohibition on the Hajj.
According to the facts given, around 10% more animals were sacrificed this year compared to the previous 2020 year, which indicates an increase in the flow of wealth.
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In addition, a few organisations had started offering online sacrifice in the context of Covid-19.
Eid saw a peak in the demand for professional and seasonal butchers to slaughter sacrificed animals. The income of butchers exceeded Rs 25 billion.
On the first day of Eid, an additional Rs 10,000–15,000 was levied for the slaughter of animals weighing between 92 and 117 kg. On the second and third days of Eid, however, prices ranged from Rs 8,000 to Rs 10,000.
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Data revealed that this year’s prices ranged from Rs 20,000 to Rs 25,000 to slaughter cows weighing more than 185 kg on the first day of Eid, and from Rs 15,000 to Rs 20,000 on the second and third days for the same weight.
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