NiceFarmer
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KARACHI - Pakistan, an agrarian economy, the agriculture sector of which not only employs majority of the rural population but also contributes around onefourth to the countrys gross domestic product (GDP), would turn into a water-scarce country within the next five years. By 2017 Pakistan will turn into a water scarce country, observed the State Bank of Pakistan (SBP) in its report titled Guidelines for Efficient Agri-Water Management Finacing.
Declining water per capita
The study has been conducted by a five-member team of the SBPs Agricultural Credit and Microfinance Department with an aim to develop the agri-sector which is vital both for economic growth and poverty alleviation in the country.