Wednesday, September 08, 2010

Pakistan's Flood And Destroyed Farms

Pakistanis are attempting to sort out their options after the effects of huge flooding. We are now reading about how the floods have destroyed livelihoods. Farmers took a huge hit and there is no compensation for them to date.

CS Monitor: Pakistan floods wipe out more than 1 million animals – and farmers' livelihoods
For Pakistan’s rural poor, the death of more than a million livestock represents something akin to a Western stock market crash that wipes out years of savings. Animal products also make up more than 10 percent of the country’s gross domestic product. How and if Pakistan bails out livestock owners will affect the way millions get back on their feet and the economic future of the nation.


The government is planning to give cash to help rebuild homes, but hasn’t yet decided how – or if – to compensate for livestock losses.

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