Pakistan has shared a preliminary report with the International Monetary Fund (IMF) detailing the economic and human losses caused by recent floods, which inflicted damages worth Rs744 billion across the country, according to official sources.
The report reveals that 1,037 people lost their lives and 1,068 were injured in the disaster, while around 6.5 million people were affected across 70 districts, where daily life remains severely disrupted.
The agriculture sector suffered the most, with losses amounting to Rs439 billion, followed by the services sector at Rs257 billion and the industrial sector at Rs48 billion. As a result, the country’s economic growth rate is now projected to fall from 4.2 percent to 3.5 percent.
Provincial breakdowns show that Punjab was hit hardest, recording losses of Rs632 billion, followed by Khyber Pakhtunkhwa with Rs51 billion, Sindh with Rs32 billion, and Balochistan with Rs7 billion. The floods destroyed approximately 2,811 kilometers of roads and 790 bridges, disrupting connectivity nationwide.
Housing infrastructure also suffered extensive damage, with over 229,000 homes affected. Khyber Pakhtunkhwa recorded the highest death toll, with 509 fatalities.
The report notes that agricultural growth is expected to decline to 3 percent, compared to the earlier target of 4.5 percent. Cotton production dropped by 33 percent, reaching just 7.2 million bales, while rice, maize, and sugarcane yields are also expected to see significant declines.
