ISLAMABAD, May 31: Flash floods that hit most of Sindh and parts of Balochistan last year caused a loss of Rs324 billion to the economy, Economic 2011-12 shows.
However, the government estimated that it required Rs239 billion for recovery and reconstruction.
Addressing a press conference on Thursday while launching the survey, Finance Minister Dr Abdul Hafeez Shaikh said: “Successive floods in the country had major negative impact on national economy.”
He said 9.6 million people had been affected directly or indirectly and the sectors hit hard were irrigation and flood management, housing, agriculture, livestock & fisheries, transport & communications, energy, social & gender financial, private sector and industries, education, health, water supply & sanitation, governance, environment, disaster risk management and social protection.
The survey said despite forecasts of below-average rainfall, heavy downpours began in mid-August, engulfing all 23 districts of Sindh and adjoining areas of northern Balochistan causing damage to crops, infrastructure and human settlements.
Flooding and overflowing rivers, irrigation and drainage channels caused damages in 14 districts of Balochistan.
According to the World Bank and Asian Development Bank Damage and Needs Assessment report, 520 people were killed and more than 1,180 were injured.
The survey said the impact of the flooding in 2011 can not be seen in isolation because many of 20 million people affected by the natural disaster in 2010 were still in the recovery phase when floods struck again in 2011.
The floods caused total or partial damage to an estimated 998,376 housing units. In Balochistan, the number of houses damaged is estimated to be 5,697 houses, out of which 1,827 houses were completely destroyed and the rest partially destroyed. The damage to housing structures is estimated at Rs85.465 billion.
Floods affected 3,892 educational institutions in Sindh and 204 in Balochistan; the damaged institutions are 6.7 per cent of the total.
The survey said floods heavily impacted the agriculture sector, with damage to crops, livestock, fisheries, poultry and on-farm water distribution infrastructure.
The total loss estimated is $1,840.3 million, of which 89 per cent is in the form of direct damage and 11 per cent indirect losses. Sindh suffered most with 94 per cent of total damage and Balochistan with 6 per cent.
The survey said about 1,955km of highways in Sindh, representing 15 per cent of the provincial highway assets, and 5,773km of district roads were affected, including municipal and urban roads.
In Balochistan, about 426km of provincial highways and district roads were damaged.