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International

Natural disasters costs Philippines nearly $6.5 billion a year

October 06, 2015 Reprints

The Philippines loses more than 300 billion Philippine pesos ($6.4 billion) each year due to natural disasters, reported The Philippine Star.

The Philippines is hit by 20 typhoons on average every year. The country is at the forefront of a new global cooperation targeted at mitigating the impact of climate change.

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Natural disasters costs Philippines nearly $6.5 billion a year

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