Relief efforts underway as parts of Dadu inundated with ‘8-foot-high’ floods
Abnormal heavy monsoon rains and melting glaciers triggered floods that have submerged a third of the country and killed at least 1,191 people.
Abnormal heavy monsoon rains and melting glaciers triggered floods that have submerged a third of the country and killed at least 1,191 people.
Videos and photos on social media had shown widespread devastation as crops were washed away and houses were submerged.
It will be a major challenge to ensure that economic stabilisation goals are on track in the face of the latest catastrophe caused by the floods and torrential rains that have…
The natural disaster Pakistan is facing is not an outcome of its own policy options but a consequence of choices made by others.
Sources say Pakistan could save foreign exchange by allowing direct import with lesser cost than sourcing through a third country, such as the UAE.
According to Pakistan's disaster management agency, 33 million people have been affected by the floods. The country's climate minister, Sherry Rehman, said a third of the country…
The aid, covering the initial six months of the crisis response, will also help to avoid outbreaks of cholera, and to provide food aid to mothers and their young children.
He also said the prices of vegetables had risen considerably due to shortages and that he had discussed the issue with the commerce and finance secretaries.
The writer says Pakistan's rescue and relief simply cannot cope, with the dangers of water and mosquito-borne diseases ever-present.
The IMF will now immediately disburse about $1.2 billion to Pakistan and may provide up to $4 billion over the remainder of the current fiscal year, which began on July 1.