According to preliminary estimates, Pakistan’s economy has suffered a loss of approximately Rs4.81 trillion (€20.68 billion) due to the recent spell of torrential rains and the ensuing floods. Crops, including fruits and vegetables were most affected because of the floods and rains. The floods devastated crops worth Rs364 billion in Sindh, Rs39 billion in Punjab, Rs61 billion in Balochistan and Rs16 billion in Khyber-Pakhtunkhwa. The province that was hit hardest was Sindh, where crops and commodities worth Rs364 billion were destroyed.
According to the preliminary estimates, rice, maize, pulses, potatoes, tomatoes, sugarcane, wheat, chillies, millets and garlic were among the vegetables damaged because of the floods. The fruits ravaged by the deluges included apples, grapes, pomegranates and melons.
The majority of crops in Sindh seem to have been wiped out and the province might need to brace for a famine-like situation in the coming months. Prices of food items have also increased due to shortages, further exacerbating inflation.
[ Rs100 = €0.43 ]
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