World Bank ‘estimates Pakistan floods caused 40 billion dollars of damage’

Victims of heavy flooding from monsoon rains carry relief aid through flood water in the Qambar Shahdadkot district of Sindh Province (AP)

Pakistani officials have said the World Bank estimates this summer’s record-breaking floods have caused the country 40 billion US dollars of damage.

The figure is 10 billion dollars more than an earlier estimate by the Pakistani government.