News Karnataka
Saturday, October 01 2022

Islamabad: Pakistan flood damage estimated at $5.5 billion

damage estimated at $5.5 billion
Photo Credit : IANS

Islamabad: 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.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp