US EditionRecord Floods Threaten Pakistan's Food Security, Factories and Fiscal Plans
Floods have submerged over 1.8 million acres of farmland and disrupted key industries, threatening Pakistan’s economic recovery and increasing food prices to a 26-month high.
- Massive floods have caused billions in damage in Pakistan, threatening food supplies and exports.
- Khalid Bath from the Pakistan Farmers Association estimates losses could exceed 2.5 million acres, affecting about 50 percent of rice and 60 percent of cotton and maize crops.
- Planning Minister Ahsan Iqbal acknowledged that the floods would set back GDP growth, with a clearer damage assessment expected in about two weeks.
- Officials warn that damages may exceed the losses from the 2022 floods.
11 Articles
11 Articles
Pakistan floods hit key agricultural, textile industries
Devastating floods have displaced millions across Pakistan, hitting key agricultural and textile industries and raising fears of cholera outbreaks. A heavier-than-usual monsoon, beginning in late June, submerged large parts of Punjab and Sindh, Pakistan’s most populous and economically important provinces. Half of the country’s rice, cotton, and maize crops have been damaged, while workshops vital to the country’s textiles industry are under wat…
Pakistan floods batter fields, factories, fiscal plans
Massive floods in Pakistan have struck both the rural heartland and industrial centres for the first time in decades, causing billions of dollars in damage while straining food supplies, exports and a fragile economic recovery. The government had been optimistic about 2026, pencilling in 4.2% growth on the back of a rebound in farming and manufacturing after the economy was stabilised under a $7 billion International Monetary Fund bailout. Inste…
The Straits Times
Pakistan floods batter fields, factories and fiscal plans
KARACHI/ ISLAMABAD - Massive floods in Pakistan have struck both the rural heartland and industrial centres for the first time in decades, causing billions of dollars in damage while straining food supplies, exports and a fragile economic recovery. Read more at straitstimes.com.
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