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Massive floods more likely to scale back Pak’s GDP by over 2 share factors, says PM Shehbaz Sharif 

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By PTI

ISLAMABAD: The large floods in Pakistan are more likely to scale back its GDP by over 2 share factors and the federal government is grappling with the quick problem of averting imminent meals insecurity within the nation, Prime Minister Shehbaz Sharif has stated.

During a telephonic dialog with Turkish President Recep Tayyip Erdogan on Sunday to precise gratitude for extending humanitarian aid help to Pakistan, Sharif stated the continuing floods have devastated tens of millions of acres of standing crops, homes and important infrastructure within the nation, in response to an official assertion.

The prime minister stated as per preliminary estimates, the floods are more likely to scale back Pakistan’s GDP by over 2 share factors.

“Pakistan is grappling with the immediate challenge of averting imminent food insecurity in the country as well as providing for rescue and rehabilitation of the victims of this climate-induced calamity,” Sharif instructed Erdogan.

He stated the federal government is combating to keep away from meals shortages because of the destruction of crops within the wake of the historic floods.

The present floods triggered by monsoon rains have to this point killed practically 1,400 folks and injured one other 12,728, whereas damaging 6,674 km of street and destroying over 1.7 million homes.

ISLAMABAD: The large floods in Pakistan are more likely to scale back its GDP by over 2 share factors and the federal government is grappling with the quick problem of averting imminent meals insecurity within the nation, Prime Minister Shehbaz Sharif has stated.

During a telephonic dialog with Turkish President Recep Tayyip Erdogan on Sunday to precise gratitude for extending humanitarian aid help to Pakistan, Sharif stated the continuing floods have devastated tens of millions of acres of standing crops, homes and important infrastructure within the nation, in response to an official assertion.

The prime minister stated as per preliminary estimates, the floods are more likely to scale back Pakistan’s GDP by over 2 share factors.

“Pakistan is grappling with the immediate challenge of averting imminent food insecurity in the country as well as providing for rescue and rehabilitation of the victims of this climate-induced calamity,” Sharif instructed Erdogan.

He stated the federal government is combating to keep away from meals shortages because of the destruction of crops within the wake of the historic floods.

The present floods triggered by monsoon rains have to this point killed practically 1,400 folks and injured one other 12,728, whereas damaging 6,674 km of street and destroying over 1.7 million homes.