NEW YORK – The United Nations has placed Pakistan in the list of 23 countries facing drought related emergencies in last two years (2020-2022).
The United Nations Convention to Combat Desertification (UNCCD) has issued the 'Global Land Outlook' report as world set to mark the UN Desertification and Drought Day on June 17.
The report revealed that drought has mostly affected the people living in the Asian region.
The other drought-hit countries include Afghanistan, Angola, Brazil, Burkina Faso, Chile, Ethiopia, Iran, Iraq, Kazakhstan, Kenya, Lesotho, Mali, Mauritania, Madagascar, Malawi, Mozambique, Niger, Somalia, South Sudan, Syria, Pakistan, the United States and Zambia.
UNCCD in its report said that humanity is “at a crossroads” when it comes to managing drought and accelerating mitigation must be done “urgently, using every tool we can”.
It calls for making a full global commitment to drought preparedness and resilience in all global regions a top priority.
The report warned that inaction to tackle the issue related to drought will put an estimated 700 million people at risk of being displaced by drought by 2030.
“By 2040, an estimated one in four children will live in areas with extreme water shortages
By 2050, droughts may affect over three-quarters of the world’s population, and an estimated 4.8-5.7 billion people will live in areas that are water-scarce for at least one month each year, up from 3.6 billion today. And up to 216 million people could be forced to migrate by 2050, largely due to drought in combination with other factors including water scarcity, declining crop productivity, sea-level rise, and overpopulation,” read the official press release.
The report further warned the ongoing land degradation trend will also impact the food supply disruption, and cause rapid biodiversity loss and trigger species extinctions.
Pakistani rupee advanced its winning momentum against US dollar, and other currencies in the open market amid strong economic cues.
On Saturday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The price of gold fell by thousands of rupees as precious metal lost shine despite an upward trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,300 and 10 grams of 24k gold costs Rs186,300.
Meanwhile, single tola of 22 Karat gold costs Rs199,190, 21 karat rate costs Rs190,138 and 18k gold rate is Rs162,975.
Globally, gold prices hover at around $2072, gaining $32 on Saturday.
|Lahore||PKR 217,300||PKR 2,705|
|Karachi||PKR 217,300||PKR 2,705|
|Islamabad||PKR 217,300||PKR 2,705|
|Peshawar||PKR 217,300||PKR 2,705|
|Quetta||PKR 217,300||PKR 2,705|
|Sialkot||PKR 217,300||PKR 2,705|
|Attock||PKR 217,300||PKR 2,705|
|Gujranwala||PKR 217,300||PKR 2,705|
|Jehlum||PKR 217,300||PKR 2,705|
|Multan||PKR 217,300||PKR 2,705|
|Bahawalpur||PKR 217,300||PKR 2,705|
|Gujrat||PKR 217,300||PKR 2,705|
|Nawabshah||PKR 217,300||PKR 2,705|
|Chakwal||PKR 217,300||PKR 2,705|
|Hyderabad||PKR 217,300||PKR 2,705|
|Nowshehra||PKR 217,300||PKR 2,705|
|Sargodha||PKR 217,300||PKR 2,705|
|Faisalabad||PKR 217,300||PKR 2,705|
|Mirpur||PKR 217,300||PKR 2,705|