January 12, 2023
1 min read

Pakistan faces threat of hunger

The report identifies that the cost-of-living crisis is the biggest short-term risk while the failure of climate mitigation and climate adaptation is the largest long-term concern…reports Asian Lite News

Islamabad, Jan 12 (IANS) The World Economic Forum (WEF) sees Pakistan facing a huge threat of hunger and distress amid a prevalent cost-of-living crisis, warning that it may be further aggravated by extreme weather events and constrained supply.

About Pakistan, the report identifies that a combination of extreme weather events and constrained supply could lead the current cost-of-living crisis into a catastrophic scenario of hunger and distress for millions. This can also turn the energy crisis towards a humanitarian crisis, Geo News reported.

Energy shortages — because of supplier shut-offs or natural, accidental, or intentional damage to pipelines and energy grids — could cause widespread blackouts and fatalities if combined with seasonal extreme weather.

Amir Jahangir, Chief Executive Officer Mishal Pakistan, the Partners Institute for New Economy and Societies Platforms of the WEF, said: “The Global Risk Report 2023 identifies that for Pakistan, both the affordability and availability of basic necessities can stoke social and political instability.

“Last year, the increase in fuel prices alone led to protests in an estimated 92 countries, some of which resulted in political upheaval and fatalities, alongside strikes and industrial shutdowns.

“The impact of insecurity will continue to be felt in Pakistan and may also exacerbate instability due to simultaneous food and debt crises, resulting in the emergence of a possible more technocracy-based decision-making leadership framework.”

The report identifies that the cost-of-living crisis is the biggest short-term risk while the failure of climate mitigation and climate adaptation is the largest long-term concern, Geo News reported.

The geopolitical rivalries and inward-looking stances will heighten economic constraints and further exacerbate both short and long-term risks.

ALSO READ: Pakistan denies media claims over Uranium package
Previous Story

WHO warns against use of Indian cough syrups in Uzbekistan

Next Story

‘India to amplify voice of Global South’

Latest from -Top News

Ramaphosa gains from US showdown

South African President’s conduct with Trump reminded South Africans of his diplomatic pedigree, and of his importance to the country’s rules-based order South Africa’s President Cyril Ramaphosa and his delegation went to

Armed gangs kill dozens in Nigeria

A local state governor said “scores” of people had been killed in the attacks, which also saw homes and properties destroyed. Northeast Nigeria has been gripped by a deadly wave of violence

Children die as USAID aid cuts snap a lifeline

Trump administration cut more than 90% of USAID’s foreign aid contracts and $60 billion in overall assistance around the world. Programs serving children were hit hard Under the dappled light of a
Go toTop

Don't Miss

Worsening Plight for Pakistan’s Minorities, Says US Report

The report called on the US to sanction Pakistani officials

Pak Minister pins hopes on Allah to rescue sinking economy

Dar said that the government inherited several problems from the