ISLAMABAD:

The devastating floods that struck the country this year have so far caused an estimated Rs3,856 billion in damages, while the economy faces an additional Rs740 billion in potential losses, officials from the Ministry of Planning disclosed on Thursday.

The revelation came during a briefing at the meeting of the National Assembly Standing Committee on Economic Affairs, chaired by MNA Mirza Ikhtiar Baig at the Ministry of Economic Affairs.

Planning Division officials informed the committee that based on data collected from provinces, preliminary estimates of flood damages amounted to Rs 3,856 billion nationwide.

The economic potential losses were calculated at Rs740 billion. Data from Khyber Pakhtunkhwa has already been received, while further details are awaited from Punjab a

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