The Economy of Sacrificed Animals

Muhammad Faisal Ali
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Muhammad Faisal Ali: Pakistan Institute of Development Economics

No 2024:126, PIDE Knowledge Brief from Pakistan Institute of Development Economics

Abstract: Primer:Eid-ul-Azha is a religious festival with profound social, moral, and economic significance. It stands out among festivals due to its tradition of sacrifice, which greatly stimulates economic activity across various sectors. The festival drives demand in agriculture, animal husbandry, retail, and services, etc. creating a ripple effect that benefits the entire economy. The economic impact of activities related to sacrificial animals and associated activities on this Eid-ul-Azha is estimated to be around PKR 839.2 billion, approximately 1 percent of the annual GDP.

Pages: 6 pages
Date: 2024
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