"I think it is going to be huge. So far, very early, preliminary estimate is that it is big, it is higher than $10 billion," Ahsan Iqbal told Reuters in an interview.
To mitigate food shortfalls, Finance Minister Miftah Ismail said the country could consider importing vegetables from arch-rival India."We can consider importing vegetables from India," Ismail told local Geo News TV, adding other possible sources of food imports included Turkey and Iran.India Prime Minister Narendra Modi said he was saddened by the devastation caused by the floods.
Pakistan has appealed for international help and some countries have already sent in supplies and rescue teams. The Chinese government said on Monday it will provide additional humanitarian aid, including $300,000 in cash and 25,000 tents. China had already sent 4,000 tents, 50,000 blankets and 50,000 waterproof tarps to Pakistan.
Iqbal also said the world owed Pakistan, which was a victim of climate change caused by the "irresponsible development of the developed world." Iqbal said 45% of cotton crops had been washed away with early wheat sowing in southern Pakistan also affected, as large swaths of land remained inundated with flood water, and severe damage to rice fields as well as vegetable and fruit crops.
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