At least 24 killed, 80 injured due to heavy rains in Pakistan’s Punjab this month

People wade across a flooded street amid heavy rainfall in Lahore on July 12, 2024. (AFP/File)
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Updated 14 July 2024
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At least 24 killed, 80 injured due to heavy rains in Pakistan’s Punjab this month

  • More heavy rains expected across the province on Monday, Tuesday
  • Authorities warn citizens against unnecessary travel in bad weather

ISLAMABAD: At least 24 people were killed and 80 others injured in rain-related incidents in Pakistan’s Punjab province this month, the Provincial Disaster Management Authority (PDMA) said on Sunday, warning of more showers in the next two days.

Pakistan’s National Disaster Management Authority (NDMA) this month warned that the country’s Punjab and Sindh provinces could face an “emergency” situation due to torrential rains this monsoon season.
Torrential rains lashed Lahore, Sargodha, Toba Tek Singh, Faisalabad, Kot Addu and Bahawalpur cities of the Punjab province in the last two days, according to the Punjab PDMA.
“At least 24 people were killed and another 80 were injured due to torrential rains, while around 40 houses were damaged this month across the province,” Punjab PDMA spokesperson Muhammad Mazhar told Arab News.
“Tonight, there are chances of heavy rains in different districts of Punjab, with more heavy rains expected across the province on Monday and Tuesday.”
The provincial government had directed authorities to provide financial compensation to relatives of the victims, according to the PDMA spokesperson.
Mazhar urged people to maintain a safe distance from electric poles and wires, and avoid gatherings on dilapidated roofs during the forecast period.
The PDMA has asked district authorities to activate round-the-clock control rooms to monitor situation in each district.
“Municipalities and the Water and Sanitation Agency (WASA) have been asked to remain vigilant, especially in low-lying areas, and keep de-watering and pumping stations ready,” it said in a statement.
Monsoon rains in Punjab are expected to continue till July 15, while the flow of water in the province’s rivers and barrages is at normal level for the time being.
“In emergency situations, call on PDMA’s flood helpline 1129,” the PDMA added.
Earlier in April, heavy rains triggered landslides and flash floods in Pakistan, leaving 92 people dead and another 116 wounded.
Pakistan’s Punjab reported 21 deaths from lightning and roof collapses while the country’s southwestern Balochistan province reported at least 15 deaths from torrential rains.
The NDMA this month launched a community engagement app for Pakistanis ahead of the monsoon season. The ‘Pak NDMA Disaster Alert’ mobile app generates alerts and updates guidance for organizations and individual responders in national and provincial languages.
Large swathes of the South Asian nation were submerged in 2022 due to extremely heavy monsoon rains and melting glaciers, a phenomenon linked to climate change, that damaged crops and infrastructure. killed at least 1,700 people, displaced millions, and inflicted billions of dollars in losses.


Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

Updated 57 min 40 sec ago
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Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

  • State Bank says farm lending rose 16 percent year-on-year to Rs2.58 trillion
  • Inflation eased to 5.8 percent in January as GDP growth hits 3.7 percent in Q1 FY26

KARACHI: Pakistan disbursed a record Rs2.58 trillion ($9.2 billion) in agricultural loans during fiscal year 2024–25, a 16 percent increase from the previous year, State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Thursday while chairing a meeting of the Agricultural Credit Advisory Committee (ACAC).

Agricultural financing is considered critical to Pakistan’s rural economy, where farming contributes nearly one-fifth of GDP and employs a large share of the workforce. The government has repeatedly emphasized expanding credit access to small farmers as part of broader efforts to boost productivity, stabilize food supply and support economic recovery under an IMF-backed reform program.

According to official data shared at the meeting, agricultural credit disbursement reached Rs2.58 trillion in FY25, marking a record high. In the first half of FY26 alone, banks disbursed Rs1,412 billion in agricultural loans, while the number of borrowers increased to 2.97 million.

“During fiscal year 2025, record agricultural loans of Rs2.58 trillion were disbursed, reflecting an annual growth of 16 percent,” the State Bank governor said, according to a statement issued after the meeting.

He added that Pakistan had regained macroeconomic stability and that the economy was moving toward sustainable growth.

The governor said GDP growth in the first quarter of FY26 stood at 3.7 percent, while full-year growth was projected between 3.75 percent and 4.75 percent.

He also noted that headline inflation had declined to 5.8 percent in January 2026.

The committee reviewed measures to further expand credit access, including greater use of the central bank’s Zarkhez-e scheme to facilitate agricultural lending. Members also discussed promoting electronic warehouse receipt financing to enhance post-harvest liquidity and reduce distress sales of crops.

The statement said the purpose of electronic warehouse receipt financing was to “reduce forced sales of crops and strengthen linkages within the agricultural market.”

Agricultural lending has been a focus of Pakistan’s financial inclusion strategy, particularly as policymakers seek to improve rural incomes, stabilize food prices and strengthen export-oriented crop production amid broader economic reforms.