Pakistan’s Food Security is in danger, if immediate steps are not taken for the development of agriculture sector to enhance the crop output, situation will be more precarious. People are dying in queues to get cheap flour said Ateeq Ur Rahman (economic & financial analyst).
World Bank and Asian Development Bank have both released Economic Projections of Pakistan, portraying Pakistan as a country in great financial stress and facing the worst stagflation, having no real prospects of some substantial improvement in the coming days.
He added that due to lower agriculture produce the food inflation in Pakistan is historically high and stands at 47.2% on year to year basis. The highest in South Asia. Our economic Growth basis on attaining our monopoly on the lost output of agricultural produce for which we have to adopt all measures through Modern Machinery , Technology , Seeds, Fertilizer and Contemporary Agricultural System.
Our Country being an agri economy does not have sufficient water storage capacity even for the future, this is the main problem of Pakistan’s agricultural growth. The requirement is increasing with the massive increase of country’s population; comparatively agriculture output growth is on decline.
We need Dams to grow our agriculture output with Irrigational and Power Generating Capacities. The need, however is much greater than the past.
Meanwhile, Tajikistan, a friendly neighboring country with huge and modern Hydral Power Capacity offers very cheap electricity to the northern Pakistan specially Chitral, Skardu, Kalam, Gilgit Baltistan and Other Northern Areas of Pakistan. Government should consider with them sincerely to workout in order to save our growing and unbearable energy cost day by day said ateeq.
