ISLAMABAD: The initial economic losses from floods in Pakistan could reach at least $10 billion, Planning Minister Ahsan Iqbal told Reuters in an interview on Monday. Unprecedented and historical flash floods caused by abnormal monsoon rains have washed away roads, crops, infrastructure and bridges, killing at least 1,000 people in recent weeks and affecting more than 33 million. 'I think it is going to be huge. So far, (a) very early, preliminary estimate is that it is big, it is higher than $10 billion,' Iqbal said.

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