Saturday , April 27 2024
Home / AFRICA / In inflation-hit Egypt, Eid sacrifices are a luxury

In inflation-hit Egypt, Eid sacrifices are a luxury

– Customers feel impact –

Cattle traders say they were especially unlucky this year with the inflation compounded by an outbreak of foot-and-mouth disease, which killed off cattle and raised the prices of the ones that survived.

Butchers who buy from large markets, such as the one in Ashmun, also have to factor in increased transport prices.

“Last year it cost 100 to 150 pounds to transport a head of livestock to Cairo. This year it costs 400,” said one butcher, Said Masoud.

“There is no comparison with the last Eid al-Adha,” said another butcher in Cairo who gave his name as Hassan.

“It was 85 pounds for a kilogram then and now it’s 150 to 160.”

Customers say they are feeling the impact.

“To buy two kilograms for two days, you have to pay 300 pounds, and that’s just for meat,” said Naglaa Rajab, a housewife in her 30s.

The government of President Abdel Fattah al-Sisi, a former army chief elected after he overthrew his Islamist predecessor in 2013, says it has no choice but to undertake the tough economic measures.

But it is mindful of the strain the reforms are putting on Egyptians, many of whom can barely scrape by every month.

Ahead of Eid al-Adha, the agriculture ministry said it would offer about 50,000 heads of cattle at cheaper than market price, at a discount of between five and 10 pounds per kilogram.

“We’re keen that every citizen should have the right to reserve a head of cattle for sacrifice,” said ministry spokesman Hamed Abdel Dayem.

But in a country where 28 percent of the 93 million population live under the poverty line and with inflation squeezing the middle class, less Egyptians will be buying livestock.

“Whoever sacrificed a cow last year will sacrifice a sheep this year,” said Rajab. “And whoever sacrificed a sheep last year won’t be able to afford anything this year.”

Leave a Reply

Your email address will not be published. Required fields are marked *