Economic experts predict inflation as the floods devastate livestock

Pakistan being an agrarian economy with a total number of livestock amounting to 251.3 million. This includes 56 million cows, 48 million buffalos, 45 million sheep, 96 million goats, 1.5 million camels and 4.8 million asses, according to the Pakistan Bureau of Statistics’ latest agriculture census.

Therefore, the consequence of devastating floods in Pakistan’s eastern Punjab province may cause inflation to surge in the coming days, financial experts and animal traders warned this week.