ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman said that the World Bank has estimated $40 billion losses to Pakistan’s economy because of recent cataclysmic floods.
Pakistan has been lashed by record monsoon rains and subsequent floods this year which led to killing of about 1,700 people and devastated two million homes, and put a third of the nation underwater.
Through Twitter, Senator Sherry Rehman said that actual damage to the infrastructure, crops, houses and roads is much higher.
She said the World Bank indicates that about nine million Pakistanis will be forced into poverty due to the floods this year.
About the water-borne diseases spreading in the flood-hit areas, she said that the health crisis in the country is now intensifying.
Climate Change Minister continued to say that the government has to work on the rehabilitation of the flood affectees and their return to their areas.
