KARACHI: Long holidays on Eidul Fitr badly affected the trade and business activities in the country.
According to Korangi Association of Trade and Industry (KATI) President Syed Farukh Mazhar, the government decision of four-day Eid holidays brought the entire economic activities in the country to a halt which adversely affected the already fragile economy.
In a statement issued here, he said the situation had turned negative for businesses as some industries and banks remained closed on Saturdays, making it difficult for them to operate their concerns on Saturday and Sunday.
Moreover, many workers have taken leave for the whole week from Monday to Saturday, which harmed activities in industrial zones of Karachi.
He pointed out that the business community supported the government’s economic agenda but it needed to review its policy on Eid holidays.
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