2 mins read

UN Demands Increased Aid for Flood-Damaged Pakistan.

The United Nations has made a strong appeal for increased aid to help rebuild and support flood-damaged Pakistan. The country has been hit hard by devastating floods in recent years, with extensive damage to infrastructure, homes, and crops. The floods have also had a major impact on the economy, with many people losing their livelihoods […]

4 mins read

Following the recent severe flood in Pakistan, the economy is experiencing significant damage, says SBP’s preliminary report

Following severe floods, Pakistan prepared a preliminary report on economic losses, estimating that economic activities suffered major damage in 118 districts and the country suffered an economic loss of over Rs2,000 billion. The country’s GDP growth is expected to fall by 2% and hovers around 3%, compared to the initially projected growth rate target of […]