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Damages and economic losses from devastating floods top $30 billion

Posted On: Apr. 25, 2023 10:11 AM CST

The Asian Development Bank said that the devastating floods that devastated  Pakistan from June to October 2022 have caused more than $30 billion worth of damage and economic losses in the country, Business Recorder reported. The floods damaged over one-third of summer crop agricultural areas. The floods affected 33 million people and resulted in recovery and reconstruction needs estimated at $16.3 billion.