Pakistani PM: Floods Hurt Country's Economy

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Estimates for material losses from the flooding in Pakistan have risen to more than $40 billion.

"Performance of agriculture consequently will be much lower this year and the year ahead. This loss will have a snowball effect on manufacturing, services and export sectors," Pakistani Prime Minister Yousuf Raza Gilani said in a speech to his Cabinet. "Food security of the country is also under threat."

Gilani warned that the country's economic growth will drop 2 percentage points due to the floods and will lead to "massive" job losses.

Millions of Pakistan's flood victims are still without clean drinking water, which could lead to widespread disease.  CBN's Operation Blessing is working to minimize this.  Click play for more on their efforts with Operation Blessing worker Kumar Periasamy.

The floods occurred more than a month ago in the northwest region of the Islamic Republic. They were caused by the heavy monsoon rains, whose waters surged south along the Indus River and its tributaries. It has been estimated that more than 8 million people are still in need of emergency aid.

Gilani said the floods may have "social implications."

The need for clean water is also rising. This would prevent the population at large from illness and infections like cholera.

Foreign countries have pledged hundreds of millions of dollars in aid to Pakistan in response to the flooding.

Operation Blessing International is already in the country, trying to eleviate people's suffering. The charity aid organization is distributing yellow purification or Jerrycans that are able to purify water for drinking in the affected areas.

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