August 28, 2022
1 min read

Pak flood loss rises to $5.5 billion

At least 2 million tonnes of wheat stored at the government’s warehouses in Sindh have been spoiled due to rains and floods, threatening the country’s food security…reports Asian Lite News

At least 2 million tonnes of wheat stored at the government’s warehouses in Sindh have been spoiled due to rains and floods, threatening the country’s food security…reports

As flash floods and overflowing rivers wreak havoc across Pakistan, preliminary estimates show that the country has already suffered damages worth $5.5 billion, local media reported.

In Sindh and Punjab provinces, sugarcane and cotton crops have been destroyed completely while onion, tomato, and Kharif chilies have been partially damaged. The loss of cotton crops alone has been estimated at $2.6 billion. Experts believe Pakistan’s textile and sugar export could drop by $1 billion.

At least 2 million tonnes of wheat stored at the government’s warehouses in Sindh have been spoiled due to rains and floods, threatening the country’s food security, Samaa TV reported.

The destruction in the agriculture sector means that Pakistan will not only encounter a supply shortage for industries but there could also be a seed crisis in the country.

Officials have estimated that over 8,00,000 cattle heads have been lost to rains and floods this season.

The floods have also destroyed road and communication networks in four provinces. Officials have put the estimated damages at $2 billion, Samaa TV reported.

The damage suffered by under construction Mohmand dam and headworks at differnet locations has added to the flood losses.

ALSO READ: Taliban accuses Pakistan of providing airspace for US drones

Previous Story

Taliban accuses Pakistan of providing airspace for US drones

Next Story

Ex-bureaucrats write to CJI on Bilkis Bano case

Latest from -Top News

Pakistan’s Shadow War in Balochistan

At least 50 killed by Pakistan-backed death squads in Balochistan in April, says HRCB — toll expected to rise in May….reports Asian Lite News The Human Rights Council of Balochistan (HRCB) reported

Russia, Ukraine Resume Talks

The upcoming talks follow a significant hiatus in diplomatic engagement between the two nations, which have been locked in a brutal conflict since Russia’s invasion of Ukraine in February 2022 Russia and

UN Pays Tribute to Indian Soldiers

Thursday was observed as the 77th UN Peacekeepers Day, honouring the work of 61,353 peacekeepers, of whom 5,375 hailed from India….reports Asian Lite News Brigadier Amitabh Jha and Havildar Sanjay Singh, who

Modi’s New Warfare Playbook

Modi has upended the old playbook and India and Pakistan are entering dangerous new territory where nuclear deterrence is no longer a guarantee against conventional conflict…writes Collins Chong Yew Keat The India-Pakistan
Go toTop

Don't Miss

Imran attempting to ruin Pak through agitation, says Shehbaz

While condemning PTI’s long march, Maryam Nawaz said that due

Peshawar death toll mounts to 100

The rescue operation to retrieve bodies from the debris of