Categories: Asia

Pakistan suffered a loss of $ 28 billion due to floods


Islamabad

Pakistan has suffered about $28 billion in damages from the devastating floods. It will take two to 10 years for the country to build long-term in the disaster-affected areas.

The media has given this information in its news quoting the revised assessment on Tuesday. The US has provided $ 56.5 million to Pakistan for flood relief and humanitarian aid.

According to the Post-Disaster Needs Assessment (PDNA), floods since mid-June have killed more than 1,600 people and injured thousands. Poverty increased by five per cent in Pakistan. 90 lakh to one crore twenty lakh people went below the poverty line.

Dawn newspaper quoted government figures as saying that 18 to 20 lakh jobs were lost and the average inflation in the current financial year in the cash-strapped country could reach 23-25 ​​per cent.

On the other hand, US Secretary of State Antony Blinken met Pakistan’s Foreign Minister Bilawal Bhutto Zardari and said that the US has provided assistance of $ 56.5 million to Pakistan. The US Secretary of State expressed grief over the destruction caused by the floods and the loss of lives.

After the destruction caused by the floods, children are dying in Pakistan from water-borne diseases like cholera. The drinking water has become contaminated. 10 children are dying every day. Most children are falling victim to infection in Balochistan and Sindh. Half of Pakistan’s 160 districts have been declared disaster-hit.

Pakistan is seeking help from all over the world to overcome this flood. Foreign Minister Bilawab Zardari is staying in America in this connection. He has met US Secretary of State Antony Blinken. America has asked Pakistan to appeal to China for a loan waiver.



Source link

gulftimes

Recent Posts

Mum wants people to know ‘there is hope after pregnancy loss’

Hayley said the couple had always wanted to start a family and, in 2019, the…

2 hours ago

Doctors wrongly said I was too young to have endometriosis at 13

Paediatric gynaecologist Dr Gail Busby says nearly 80% of adolescents will have painful periods, but…

8 hours ago

US Navy Reveals AIM-424 Malice as Next-Generation Long-Range Missile to Counter China’s Expanding Maritime Strike Reach

The United States Navy has publicly revealed the AIM-424 Malice, a next-generation long-range air-to-air missile…

15 hours ago

Canada-US Trade Rift Deepens as Carney Rejects ‘Bad Deal’ and Announces Retaliatory Tariffs

Canadian Prime Minister Mark Carney has announced retaliatory tariffs against the United States after trade…

1 day ago

Syria says Israeli strike near Damascus violation of international law

Syria has condemned an Israeli attack on the village of Beit Jinn, southwest of the…

1 day ago

Pakistan’s Suspected Chinese LD-2000 Acquisition Could Deepen Beijing’s Defence Influence and Reshape South Asian Air Warfare Dynamics

Pakistan’s suspected procurement of China’s LD-2000 close-in air defence system could carry implications extending well…

2 days ago