Floods cause Rs63.79bln losses in KP, GB, AJK

The federal government has received initial estimates of flood losses in Khyber Pakhtunkhwa, Gilgit-Baltistan, and Azad Jammu & Kashmir, with damages reaching Rs 63.79 billion, according to official sources.

The devastating monsoon floods have also ravaged Punjab’s agricultural belt, where rice and sugarcane crops have been hit the hardest.

Initial damage assessments

Sources said reconstruction needs in the three northern regions have been estimated at Rs 44.47 billion. Overall damages, including to infrastructure, crops, livestock, and housing, are valued at the equivalent of US $227 million.

Floods destroyed crops, livestock, and homes worth Rs 17.89 billion, while additional damages totaling Rs 45.90 billion have been reported.

Officials emphasised that these are preliminary estimates and may rise as assessments expand.