Pakistan Flood: Flood has caused a huge economic impact on Pakistan, loss of 18 billion dollars, 1 thousand 325 people have died so far.

Pakistan Flood : Life is disrupted. Thousands of citizens have become homeless. Agricultural crops have also suffered a lot. Pakistan has also suffered a huge financial loss. Due to this flood, Pakistan has lost 18 billion dollars (18 USD billion). Also, 1 thousand 325 people have died due to this flood so far. More than three and a half crore citizens have been affected by this flood.
 
Cotton, rice and other crops have been severely damaged due to floods in Pakistan. If the water is not drained properly, it can cause serious problems for sowing wheat. The cotton crop has been wasted in most parts of the country. Also now the sowing of wheat is also in danger. This flood has caused a huge economic impact on Pakistan. 18 billion dollars has been lost. Per capita income is also likely to drop significantly.

Rate of poverty and unemployment increased

Rate of poverty and unemployment has increased from 21.9 percent to 36 percent. There has been a huge increase in this. According to the information provided by the government, there have been floods in nearly 118 districts of the country. They have affected 37 percent of the population. Millions of people across the country have lost their homes due to rains, floods and landslides. Infrastructure has been damaged. Along with agricultural land, livestock have also suffered a lot.   So far 1 thousand 325 people have died in Pakistan due to this terrible flood. Flood levels are rising due to the immense pressure on the country’s dams. Due to this, there is a possibility of increasing the risk of flooding. 243 percent more rainfall than average has been recorded this year.

High rise in inflation

This flood situation has had a big impact in Pakistan. A large number of goods have become expensive. There has been a huge increase in inflation. According to people, brinjal is fetching Rs 150 per kg, onion Rs 250 per kg and tomato up to Rs 100 per kg, while in some places it is being sold at Rs 300 per kg. The price of every item has increased. Some shopkeepers are also being accused of taking advantage of the calamity and selling goods at exorbitant prices. 

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