Days of monsoon rains kill 79 as Pakistan braces for more floods

A motorcyclist rides along a street during rainfall in Islamabad on July 7, 2025. (AFP)
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Updated 08 July 2025
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Days of monsoon rains kill 79 as Pakistan braces for more floods

  • Strong westerly wave to cause moderate to heavy rainfall till July 10, disaster management authority says
  • Khyber Pakhtunkhwa reports highest number of deaths, 29, from rain-related incidents since June 26

ISLAMABAD: The death toll from monsoon rains in Pakistan under two weeks has climbed to 79, the National Disaster Management Authority (NDMA) said in its latest report, as the country braces for more heavy downpours and floods till July 10. 

Monsoon rains have battered several parts of Pakistan, especially its eastern Punjab and northwestern Khyber Pakhtunkhwa (KP) provinces, since June 26. As per the NDMA’s latest situation report, KP has reported the highest number of deaths from rain-related incidents, 29, followed by Punjab with 24, Sindh with 15, and Balochistan with 11 deaths in thirteen days of rain. 

Seventy-two people were injured in Punjab, followed by 34 in Sindh, 27 in KP, four in Azad Kashmir and three in Balochistan since June 26, as per the report. The NDMA on Monday forecast heavy rains and floods in several parts of the country. It said a moisture inflow from the Bay of Bengal and Arabian Sea, combined with a strong westerly wave, is expected to result in moderate to heavy monsoon rainfall till July 10. 

“These weather conditions are likely to cause both riverine and flash flooding in various regions of Pakistan,” the authority said on Monday. 

As per the NDMA’s report, 189 houses in total have been damaged across the country while 100 livestock have perished due to rain-related incidents since June 26. KP reported the highest number of houses damaged since June 26, 94, while the largest number of livestock perished were reported from Sindh, 58. 

Pakistan, home to over 240 million people, is consistently ranked among the countries most vulnerable to climate change. In 2022, record-breaking monsoon rains and glacier melt caused catastrophic floods that affected 33 million people and killed more than 1,700. The South Asian country has been the victim of irregular weather patterns recently that have ranged from heatwaves to droughts and torrential rains.

Surging temperatures in the country’s mountainous north, especially in Gilgit-Baltistan, have accelerated glacier melt, compounding the risk of sudden floods and landslides in narrow valleys and near vulnerable glacial lakes.

The NDMA advises the public to stay indoors during thunderstorms, avoid unnecessary travel and keep children away from electricity poles and waterlogged areas.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.