Pakistan's Agribusiness Suffers USD2bn Annual Post-Harvest Losses: ADB

The Asian Development Bank (ADB) highlights that Pakistan's agribusiness sector incurs approximately USD 2 billion in annual post-harvest losses, primarily driven by climate shocks, chronic underinvestment, and inadequate infrastructure. These issues, including inefficient water use, poor cold-chain facilities, and fragmented certification systems, severely impact a sector accounting for one-fifth of GDP and over a third of the labor force. The report identifies structural barriers like limited finance, institutional weaknesses, and technology gaps, proposing a five-pillar roadmap for transformation. While this report underscores long-term economic challenges, its immediate impact on Pakistan's gold or currency rates is likely to be limited, serving more as a structural economic indicator.

بحوالہ / Source: www.brecorder.com