Pakistan launches $10 million World Bank–backed project to modernize flood warning network

Pakistan's National Disaster Management Authority (NDMA) staff monitor heat weather conditions at their office in Islamabad on May 23, 2024. (AFP/ file)
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Updated 07 October 2025
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Pakistan launches $10 million World Bank–backed project to modernize flood warning network

  • Plan includes 110 automatic weather stations, four radars, high-performance computing system for real-time forecasting
  • Over 1,000 people have been killed nationwide, 2.5 million acres of farmland damaged in latest monsoon season

ISLAMABAD: Pakistan has launched a $10 million World Bank–backed project to modernize its early flood warning and weather forecasting network, aimed at strengthening national disaster preparedness and climate resilience, state-run Associated Press of Pakistan (APP) reported on Tuesday.

The announcement comes after one of Pakistan’s deadliest monsoon seasons in years, which has killed at least 1,037 people nationwide and damaged nearly 2.5 million acres of farmland, according to the National Disaster Management Authority (NDMA). Torrential rains have repeatedly inundated vast areas of Punjab and Sindh, destroying homes, crops and infrastructure, and underscoring the country’s urgent need for modern forecasting systems.

The new initiative, titled “Modernization of Hydromet Services of Pakistan (MHSP),” is being implemented by the Pakistan Meteorological Department (PMD) under the World Bank–funded Integrated Flood Resilience Adaptation Project (IFRAP). It seeks to strengthen climate resilience by improving the PMD’s capacity to generate, interpret and disseminate accurate hydrometeorological data.

“The MHSP will mark a key milestone in Pakistan’s disaster preparedness and climate resilience, providing timely and precise weather forecasts essential for agriculture, water resource management, and disaster risk reduction across the country,” a senior Planning Ministry official was quoted as saying in an APP report.

Led by the Ministry of Planning, the project has been allocated Rs2.99 billion ($10.8 million) under the FY2025–26 Public Sector Development Programme. 

According to project details reported by APP, the plan includes the installation of 110 automatic weather stations, four fixed weather surveillance radars, and a high-performance computing system to improve real-time monitoring and forecasting accuracy. 

The project also involves the modernization of the Institute of Meteorology and Geophysics and the Meteorological Workshop in Karachi, the establishment of Regional Climate Data Processing Centers and the development of a National Framework for Climate Services and a National Hydromet Policy.

As of September 2025, procurement for automatic weather stations has been finalized, while the technical evaluation of radar and system integrator consultancies is underway. The PMD has also sought tax exemptions and supplementary funding of $42 million to address increased market costs and a financing gap identified during project execution.

Officials said the MHSP forms part of Pakistan’s broader effort to enhance flood forecasting and disaster management capacity after a series of devastating monsoon seasons that have exposed weaknesses in existing early warning systems.

Floods in 2022 killed at least 1,700 people and caused over $30 million in damages. 


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.