ISLAMABAD - The economic team of the government has faced another jolt in achieving its macroeconomic targets during the ongoing financial year 2011-12 due to the floods triggered by heavy monsoon rains in Sindh, besides fudging revenue collection, TheNation has learnt. The rains have damaged the 80 per cent crops in Sindh that would hamper the overall agricultural growth of the country during the current fiscal year. As, the Pakistans economy largely depends on agriculture sector, therefore the country may suffer to achieve the economic growth target of 4.2 per cent set for the current financial year just like previous fiscal year. The government has fixed 3.4 per cent growth target for the agricultural sector for the year 2011-12. However, as 80 per cent crop of Sindh has been damaged, the agricultural target seems difficult to achieve. According to the National Disaster Management Authority (NDMA) estimates, over four million acres of areas are covered with floodwater and 1.7 million acres of crops - mostly cotton - have been damaged so far. However these are initial estimates. Meanwhile according to some other reports, over 2.5 million bales of cotton, over two million tons of Irri-6 rice, and more than four million tons of sugarcane have been destroyed due to the rains and floods in Sindh province. Meanwhile some 0.1 million cattle also died due to the above said natural disaster. The economic experts believed that country had no other option but to revise its economic targets after the two main reasons including floods and figures fudging. It is worth mentioning here that the government had also revised its all targets during the previous financial year 2010-11 due to the then unprecedented floods in the country. Meanwhile sources in finance ministry told TheNation that government was already working to revise its targets after the figures fudging scam of the Federal Board of Revenue (FBR). However the floods and rains have further created difficulties for the economic managers of the country. The sources further told that government was working to revise all its economic targets for the current fiscal year, as FBR had failed to achieve the revenue collection target of Rs 1,588 billion set for the previous year and it managed to collect Rs 1550 billion. The government has fixed its economic targets for the current year on the basis of Rs 1,588 billion, however as the tax department failed to reach the target, therefore the government has to revise its entire targets.