Islamabad [Pakistan], October 18 (ANI/WAM): Pakistan has suffered estimated damages of about US$2.9 billion from recent floods that caused large-scale destruction across the country, Pakistani Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said.

Speaking at an event to launch the ministry's monthly development update and the preliminary flood damage assessment report on Friday, Iqbal said a detailed post-disaster needs assessment exercise is underway to determine the exact economic losses resulting from the calamity.

He said the initial estimate of damages stands at about 822 billion rupees (about $2.9 billion), including 430 billion rupees (about $1.53 billion) in the agricultural sector and 307 billion rupees (about $1.1 billion) in infrastructure.

Iqbal sa

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