Water begins receding in Pakistan’s worst flood-hit south

An internally displaced flood-affected woman sits at her makeshift shelter in a flood-hit area following heavy rains in Dera Allah Yar town of Jaffarabad district in Balochistan province on September 8, 2022. (AFP)
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Updated 25 September 2022
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Water begins receding in Pakistan’s worst flood-hit south

  • Official says the Indus River is now rushing at ‘normal’ levels toward the Arabian Sea
  • Water level in past 48 hours receded up to three feet in some inundated areas nearby

ISLAMABAD: Floodwaters are receding in Pakistan’s worst-hit southern Sindh province, officials said Friday, a potentially bright sign in an ongoing crisis that has left hundreds of thousands of people homeless in the impoverished South Asian country.

The Indus River, which remained swollen until earlier this month, was now rushing at “normal” levels toward the Arabian Sea, according to Mohammad Irfan, an irrigation official in hard-hit Sindh. The water level in the past 48 hours receded as much as three feet in some of the inundated areas nearby, including the Khairpur and Johi towns, where waist-high water damaged crops and homes earlier this month.

A day earlier, engineers had opened a key highway in the southwestern Baluchistan province, allowing rescue workers to speed aid to those suffering in a race against the spread of waterborne diseases and dengue fever.

Still, hundreds of thousands of people in Sindh are living in makeshift homes and tents. Authorities say it will take months to completely drain the water in Sindh.

Nationwide, floods have damaged 1.8 million homes, washed away roads and destroyed nearly 400 bridges, according to the National Disaster Management Authority. The deluge has killed 1,508 people since mid-June, inundated millions of acres of land and affected 33 million people. More than half a million people have been left homeless. At one point, nearly a third of the impoverished country was underwater. Several economists say the cost of the disaster may reach $30 billion.

Pakistani Prime Minister Shahbaz Sharif has urged developed countries, especially those behind climate change, to scale up aid to his country.

The previous day, scientists and experts in the latest study about ongoing floods in Pakistan said that the country’s overall vulnerability, including people living in harm’s way, was the chief factor in the disaster. But “climate change” also played a role in causing heavy rains, which triggered flooding in the country.

August rainfall in the Sindh and Baluchistan provinces — together nearly the size of Spain — was at least seven times normal amounts, while the country as a whole had more than triple its normal rainfall. That’s according to the report by World Weather Attribution, a collection of mostly volunteer scientists from around the world who do real-time studies of extreme weather to look for evidence of climate change.

In Pakistan, the country’s minister for climate change, Sherry Rehman, was the first to publicly blame the developed world for causing climate-induced unusually heavy monsoon rains, which started in June and are expected to continue this month.

“Pakistan, at least in the south, is totally inundated. Outside of Karachi, go a little further up in Sindh and you will see an ocean of water, with no break,” she tweeted recently. “Where to place the tents, where to find dry ground? How to feed 33 million people plus? How to get them health care? Help us.”


Pakistan regulator says over 21,600 new companies registered in first half of FY26

Updated 11 January 2026
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Pakistan regulator says over 21,600 new companies registered in first half of FY26

  • This reflects a 29 percent increase compared to the 16,839 companies that were registered during same period last year, says regulator
  • These incorporations contributed $109.5 billion in paid-up capital, says Securities and Exchange Commission of Pakistan report

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said this week it registered over 21,600 new companies in the first half of the current fiscal year, reflecting rising investor confidence and positive economic outlook in the country. 

In a report issued on Jan. 6, the SECP said it registered 21,668 companies in the first six months of the current fiscal year, adding that these incorporations contributed Rs30.7 billion [$109.5 million] in paid-up capital. 

The report said this represented a 29 percent increase compared to the 16,839 companies registered during the same period last year.

“Pakistan’s business landscape continues to demonstrate strong momentum, reflecting rising investor confidence and a positive economic outlook,” the SECP report said. 

The SECP said the latest increase has brought the total number of registered companies in Pakistan to 279,724. It said the top ten sectors by incorporations were led by the IT & e-commerce, with 4,277 companies, followed by trading (2,997 companies), services (2,686 companies) and real estate (2,031 companies). 

“This sectoral diversity highlights expanding entrepreneurial activity, particularly in technology-driven and service-oriented industries,” the report said. 

The SECP said foreign investment also remained “robust” during the period, adding that 524 newly incorporated companies received foreign investment amounting to Rs1.26 billion [$4.5 million] with the participation from 731 foreign investors. 

“China emerged as the leading source, accounting for 71 percent of total inflows,” the SECP said. “It was followed by Afghanistan (8 percent), the United States (2 percent), and the United Kingdom, Germany, South
Africa, South Korea, Norway, Vietnam, Nigeria, and Bangladesh, each contributing 1 percent,” it added. 

The SECP said an additional 11 percent of the investment originated from other countries.