LAHORE (The COW News Digital) Federal Minister for Planning and Development Ahsan Iqbal revealed on Monday that the recent floods have caused an estimated economic loss of Rs 500 billion to Punjab, severely impacting agriculture and displacing millions.
Speaking at a relief distribution ceremony in Bhinyan, Ahsan Iqbal said that the initial assessment shows massive devastation across Punjab’s farmlands, with nearly 4.3 percent of the province’s agricultural land affected. Over 4.5 million people have been directly impacted by the calamity, losing crops, homes, and livelihoods.
“The recent floods have once again pushed us back in terms of agriculture and economy,” the minister stated, stressing that this time, the government plans to focus on self-reliance rather than depending on foreign loans and aid. “We will say goodbye to the begging bowl,” he added.
Ahsan Iqbal also emphasized that the disaster is a stark reminder that climate change is not a future threat but a present-day reality that Pakistan must prepare for. “Today’s relief distribution is not just about supplies; it is a message of solidarity and hope for the victims,” he said.
The floods, triggered by relentless monsoon rains, have destroyed hundreds of thousands of acres of standing crops, washed away infrastructure, and caused widespread displacement. Experts warn that the agricultural damage could have a cascading effect on Pakistan’s already fragile economy, potentially leading to food shortages and inflationary pressures.
Meanwhile, Punjab’s Relief Commissioner reported that at least 4,700 villages across the province have been affected by the floods, and the death toll has reached 104. He said that all four provincial agricultural departments have been called for an emergency meeting to discuss recovery plans and preventive measures for future disasters.
Adding to the concerns, the Pakistan Meteorological Department has issued an alert for the 11th spell of the monsoon, forecasting heavy rains in the upper regions of Punjab from September 15 to 19. Authorities have warned of potential flash floods in rivers and nullahs and advised citizens to avoid unnecessary travel in vulnerable areas.
The Punjab government has also directed commissioners and deputy commissioners across the province to remain on high alert, ensure timely evacuation in at-risk zones, and maintain readiness for emergency relief operations.