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HomeBusinessFood crisis in Pakistan will affect GDP for 2022-2023: Ahsan Iqbal

Food crisis in Pakistan will affect GDP for 2022-2023: Ahsan Iqbal

Planning Minister Ahsan Iqbal stated that Pakistan anticipates reducing its projected Gross Domestic Product (GDP) growth from 5% to 3% for the fiscal year 2022-2023.

On Friday, the Planning Minister was speaking at the joint press conference for Prime Minister Shehbaz Sharif and UN Secretary-General Antonio Guterres.

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His statement came as the National Disaster Management Authority (NDMA) revealed that 1,396 people had died and nearly 12,700 people had been wounded as a result of the catastrophic floods.

According to the NDMA’s report, approximately 1.7 million houses have been destroyed by floods overall, either completely or partially, along with over 6,600 km of highways and 269 bridges.

NDMA statistics mention that 81 districts in all—32 in Balochistan, 23 in Sindh, and 17 in KP—remain classified as calamity-hit.

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Ahsan Iqbal said, although the 2010 megafloods affected almost 20 million people, the current flash floods have affected over 33 million people nationwide, of whom over 0.6 million are staying in relief camps.

The NFRCC spokesman said that coordinated efforts between civil administration, the military, and NGOs, including the UN humanitarian organizations, were in full motion.

An evaluation survey on relief activities in the provinces will begin by Monday.

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