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Typhoons, flash floods cause $122 million in economic losses


Philippine's National Disaster Risk Reduction and Management Council said that typhoons and flash floods caused nearly 6.5 billion Philippine pesos ($122 million) in economic losses in 2017, GMA News Online reported. Edgar Posadas, the council's spokesman, said that 22 typhoons caused PHP 6.3 billion in economic losses while flash floods caused an estimated PHP 104.3 million in losses.

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