Pakistan

Pakistan and Agriculture: an overview

The ramifications for Pakistan’s society, people’s ability to make a living there, and the country’s currency all point to the agriculture sector as the unquestionable victor. Farmers in Pakistan are being forced to increase their productivity while simultaneously adjusting to a diet that is more diverse and eclectic because of Pakistan’s rapidly rising population and urbanization rates. This places a significant strain on Pakistan’s agricultural community. Despite considerable governmental spending together with aid from development partners, the growth of agriculture fell from an average of approximately 4% per year between 1970 and 2000 to roughly 3% per year after that. A transition toward water-efficient and high-value agriculture is hampered by subsidies that are ineffective and poorly targeted, as well as by agricultural markets that do not work properly.

Since Punjab handles producing 73% of Pakistan’s total food supply, the province’s agricultural sector is very essential to the country’s economy and food security. Increasing agricultural production is one of the goals of the Punjab Resilient and Inclusive Agriculture Transformation Project (PRIAT), which will do so by making it easier for smaller farmers to get water in a way that is both equitable and effective. Utilizing agricultural practices and technologies that are climate-smart on both the community and household levels will assist farmers in Punjab in increasing their crop yields while simultaneously lowering their overall water use.

As a direct result of climate change, Pakistan’s agricultural sector has suffered severe setbacks in recent years, including reductions in crop yields and animal populations, disruptions to irrigation infrastructure, and food scarcity. The Punjab province has been hit particularly hard by these changes. This initiative is in line with the Punjab Agriculture Policy 2018, which calls for a significant increase in the number of initiatives aimed at water conservation, a greater emphasis on sustainability and resilience in the face of climate change, and a greater involvement from the private sector to increase agricultural output.

Pakistan has been a member of the World Bank ever since the organization was established in 1950. Since then, the World Bank has provided assistance totaling $40 billion. The Country Partnership Strategy for Fiscal Years 2015-2020 outlines the framework for the World Bank’s aid in Pakistan, concentrating on four major areas: energy, private sector development, inclusion, and service delivery. These four main topics are all addressed in the Country Partnership Strategy. There are now sixty projects in the portfolio, and a total commitment of fourteen point two billion dollars has been made.

Agriculture, which is a significant economic engine and a contributor to climate resilience, stands to profit substantially from improved access to both local and worldwide markets.

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