Pakistan: Food prices soar amid floods 30.08.2022

Deutsche Welle | Aug 30, 2022 at 2:00 AM
  • Food prices in Pakistan are skyrocketing as a result of catastrophic floods that have killed thousands and devastated the country’s agricultural sector.
  • UN Secretary-General Antonio Guterres announced that he was planning a “solidarity” trip to Pakistan next week, and that he was seeking $160 million in emergency funding to assist the millins of people affected by the flooding.
  • The IMF announced the release of $1.17 billion in funds to Islamabad on Monday, as part of a government bailout loan from 2019.