Flash floods ravage Punjab, destroying crops

News Image

MG News | September 02, 2025 at 04:09 PM GMT+05:00

0:00

September 02, 2025 (MLN):  Pakistan’s Punjab province has been hit by flash floods that have wiped out thousands of acres of crops, unleashing a mounting economic and humanitarian crisis.

Preliminary assessments by the Pakistan Business Forum reveal significant losses in the agricultural sector and widespread crop destruction, according to Bloomberg.

Approximately 60% of the rice crops and 30% of sugarcane  in Punjab were lost with assumptions regarding cotton production is that it will also decline by 35% compared to the annual target, as reported by Bloomberg,

Pakistan Business Forum stated that such extensive destruction in Central Punjab has "never been witnessed before" and that Punjab, accounts for 68% of Pakistan's total annual food grain production, and this year's rainfall has been exceptionally heavy.

The floods have displaced two million people and killed more than 850 nationwide, according to Climate Change Minister Musadik Malik.

The country's finance ministry warned that the flood damage will exacerbate existing fiscal pressures and disrupt food supplies.

Furthermore, The Pakistan Meteorological Department anticipates more heavy rain, which will further increase the risk of flooding.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,540.09
273.33M
1.20%
2020.15
ALLSHR 101,654.15
614.44M
1.32%
1326.46
KSE30 51,663.41
135.67M
1.46%
745.04
KMI30 246,947.13
125.23M
1.35%
3299.62
KMIALLSHR 66,399.54
322.22M
1.29%
844.18
BKTi 46,855.54
37.10M
1.07%
494.00
OGTi 35,299.85
17.52M
2.69%
923.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,870.00 75,580.00
74,570.00
-305.00
-0.41%
BRENT CRUDE 96.41 96.59
94.43
1.48
1.56%
RICHARDS BAY COAL MONTHLY 103.25 0.00
0.00
0.15
0.15%
ROTTERDAM COAL MONTHLY 103.50 0.00
0.00
0.35
0.34%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 92.52 92.71
90.52
1.23
1.35%
SUGAR #11 WORLD 13.60 13.68
13.57
0.09
0.67%

Chart of the Day


Latest News
April 16, 2026 at 01:17 PM GMT+05:00

Pakistan records FDI of $167.64m in March


April 16, 2026 at 12:50 PM GMT+05:00

Service sector trade deficit shrinks by 81% in March


April 16, 2026 at 12:20 PM GMT+05:00

Gold price in Pakistan rises Rs1,400 per tola


April 16, 2026 at 12:04 PM GMT+05:00

BWCL 9MFY26 profit inches up 2%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg