Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik Drops Die For Me Music Video
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Floods may cause immense loss to economy
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > Floods may cause immense loss to economy
Business

Floods may cause immense loss to economy

Web Desk
By Web Desk Published September 10, 2014 1 Min Read
Share
SHARE

The brokerage houses that keep their eyes on corporate earnings have made reports on the scale of potential damage that might be caused to the economy and by rains and floods.

Zeeshan Afzal at Topline Securities envisaged “an eventual loss to stand at 0.6 to 0.8 per cent of GDP: “So far the cost of floods is estimated at $0.5 billion by Sept 7,” said the analyst and added that the eventual cost could reach $1.5 to $2bn.

“Despite having been confined to the province of Punjab, the floods have already resulted in widespread damage and loss of lives,” says BMA Capital Management.

The brokerage affirmed that drawing lessons from flash floods in 2010, continued flooding in the Northern region and its potential trickle down into areas of Sindh warranted attention where on the economic side, the brokerage believed “likely repercussions for GDP growth as well as CPI, going forward”.

BMA thought that the ongoing floods would likely to have ‘severe repercussions for the macroeconomic stability and growth prospects of the country’. It worried that the devastating floods in Punjab and likely to hit Sindh, would drag overall GDP growth target.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Cristiano Ronaldo buys Almeria

Cristiano Ronaldo Buys 25% Stake in Almeria Through CR7 Sports Investments

Punjab E-Taxi Scheme 2026

Punjab Launches E-Taxi Scheme 2026 With 1,100 Electric Taxis in Lahore

Gerald Brown arrest for training Chinese military

DOJ Arrests Former Air Force Pilot Over Alleged China Military Training

Post Archives

More Popular from Photonews

Neymar retirement speculation 2026
Sports

Neymar Retirement Speculation Grows as Santos Star Eyes Uncertain 2026

3 Min Read
Trump Gaza Peace Board
Top NewsWorld

Trump Board of Peace Gaza Fund Secures $7 Billion for Reconstruction

4 Min Read
Eid Al Fitr UAE
Pakistan

Eid ul Fitr 2026 Date Pakistan: PMD Forecast on Shawwal Moon

2 Min Read
Entertainment

Cardi B Vancouver Concert 2026: Fans Mesmerized at Rogers Arena

The Cardi B Vancouver concert 2026 became a viral moment after the rapper delivered a high-energy…

February 23, 2026
Top NewsWorld

Mar-a-Lago Armed Intruder Shot Dead by Secret Service Agents

A Mar-a-Lago armed intruder shot incident unfolded early Sunday after US Secret Service agents killed a…

February 22, 2026
Entertainment

Eric Dane Cause of Death ALS: Grey’s Anatomy Star Dies at 53

Eric Dane cause of death ALS has been confirmed following the passing of the Grey’s Anatomy…

February 20, 2026
Pakistan

Dollar rate in Pakistan 24 Feb 2026

The dollar rate in Pakistan on 24 Feb 2026 edged lower as the Pakistani rupee strengthened…

February 24, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?