Jul 21, 2008
Myanmar cyclone recovery cost tops $1 bln: U.N./ASEAN
SINGAPORE (Reuters) - Recovery from a cyclone that tore into Myanmar's Irrawaddy delta in May, leaving at least 138,000 dead or missing, will cost more than $1 billion, a report by the United Nations and Southeast Asian nations concluded.
The estimate, released on Monday at a meeting of foreign ministers of the Association of South East Asian Nations, covers the most urgent needs such as food, agriculture and housing for the next three years.
"While significant progress has been made to date, we are still in the relief phase for this aid operation," John Holmes, U.N. under-secretary general for humanitarian affairs, told reporters.
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