Tag Archives: Pakistan needs at least $16.3bn for post-flood rehab: report

ISLAMABAD: Putting the flood damage and loss estimates at over $30 billion (around Rs6.5 trillion), leading international agencies have warned of a substantial increase in poverty levels, widening fiscal and external account deficits amid political and economic instability. Based on these estimates, Pakistan called for relaxing the International Monetary Fund’s (IMF) conditions and demanded “climate justice” to invest in rehabilitation …

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