Monday, September 20

Pakistan agriculture may need 2 yrs for flood recovery

Pakistan agriculture recovery,
ADB and the World Bank are assessing the damage caused by one of Pakistan’s worst natural disasters, which destroyed 1.3 million hectares of crops just before the harvest of key products such as rice, maize and sugarcane.
“Once the country gets back on its feet, it will be able to meet part of those agricultural import needs that will happen over the next two years,” Philip Erquiaga, director general of ADB’s private sector operations, told Reuters.

“We are thinking within that time horizon we should be able to see the agriculture sector coming back,” he told Reuters.

Agriculture is Pakistan’s second largest sector, accounting for over 21 per cent of gross domestic product. Nearly 62 per cent of the population depends on agriculture for their livelihoods.





(source:dawn.com)

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