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HomeEnvironmentPakistan seeks $8 billion in three years for flood recovery

Pakistan seeks $8 billion in three years for flood recovery

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(Reuters) – Pakistan needs $8 billion from its international partners over the next three years to rebuild the country that is reeling from last year’s devastating floods, Prime Minister Shehbaz Sharif said in Geneva on Monday.

The floods, blamed on climate change, dealt a severe blow to Pakistan’s strained economy while displacing some 8 million people and killing at least 1,700. Rebuilding efforts are now estimated to cost more than $16 billion.

(Reporting by Gibran Peshimam and Asif Shahzad, writing by Shivam Patel; Editing by Krishna N. Das)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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