According to the reports, the economic losses following floods as calculated by the Centre and endorsed by the provinces have gone up further to the tune of $17-$18 billion. The economic losses have further increased mainly because crops have been destroyed across 8.25 million acres as compared to an initial estimation of 4.2 million acres. Cotton, rice, and minor crops have been damaged and now wheat sowing is under threat.

Leave a Reply

Your email address will not be published.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

You May Also Like

Nine dead, over 500 homes destroyed in GB floods

At least nine people have lost their lives in the ongoing flood…

“Climate change may cut Pakistan’s GDP by 18pc to 20pc”: World Bank

According to a report recently published by the World Bank, Pakistan’s annual…

Snowfall Blocks Mansehra-Naran-Jalkhad Road Beyond Barawai

Recent heavy snowfall has rendered the Mansehra-Naran-Jalkhad (MNJ) Road impassable beyond Barawai…

Southern Pakistan braces for surge of flood water

Dadu: Southern Pakistan braced for more flooding on Thursday as a surge…