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Pakistan to need more than $10 billion to repair damage after floods

Pakistan will need more than $10 billion to repair damage caused by heavy monsoon rains and rebuild damaged infrastructure, the country’s Planning and Development Minister Ahsan Iqbal told AFP today.

“Huge damage was caused to infrastructure, mainly in the telecommunications, agriculture, livelihoods sectors, but also the road network,” Iqbal explained.

A third of Pakistan is under water after the worst monsoon rains in three decades.

The floods have killed at least 1,136 people, swept away countless homes and destroyed vital farmland.

More than 33 million people, one in seven Pakistanis, have been affected by the floods and nearly a million homes have been either destroyed or severely damaged.


Source: Capital

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