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Pakistan: World Bank estimates floods caused $40B in damages

Por: Associated Press Business October 19, 2022

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ISLAMABAD (AP) — Pakistan said Wednesday that the World Bank estimates this summer’s record-breaking floods have caused $40 billion in damages in this impoverished South Asian nation. The figure is $10 billion more than an earlier estimate by the Pakistani government. Cash-strapped Pakistan was already facing a serious financial crisis before the heavy monsoon rains hit in mid-June. The rains triggered unprecedented floods that at one point... + full article



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