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Post storm reconstruction to cost more than $1.5 billion

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Michelle Bachelet, President of Chile, has said that reconstruction following a recent storm that hit the country would cost more than $1.5 billion, reports Fox News Latino citing Agencia EFE.

The storm caused huge damage in the country's northern region. Rains claimed the lives of 23 people in the country's worst affected Atacama region. Figures from a Chilean government agency said that flooding and landslides affected nearly 30,000 people. About 2,000 homes have been completely destroyed due to the calamity.

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