Pakistan floods cost at least $10 bln -planning minister

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Pakistan floods cost at least $10 bln -planning minister
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Early estimates put the damage from Pakistan's recent deadly floods at more than $10 billion, its planning minister said on Monday, adding that the world has an obligation to help the South Asian nation cope with the effects of man-made climate change.

"I think it is going to be huge. So far, very early, preliminary estimate is that it is big, it is higher than $10 billion," Ahsan Iqbal told Reuters in an interview.

To mitigate the shortage, Finance Minister Miftah Ismail said the country could consider importing vegetables from arch-rival India."We can consider importing vegetables from India," Ismail told local Geo News TV, adding other possible sources of food imports included Turkey and Iran.India Prime Minister Narendra Modi said he was saddened by the devastation caused by the floods.

Tens of thousands of families have left their homes for safer places, moved in with their relatives, or to state run camps, while others have been spending nights in the open, waiting for any help, such as tents, food and medicine. However, Iqbal said any formal requests for financial help would need to wait until the entire scale of the damage was known, something Pakistan was now evaluating with partners, including the World Bank and the Asian Development Bank.

"Those areas which used to receive rainfall aren't receiving rainfall and those areas which used to receive very mild rains are receiving very heavy rainfall," he added.

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