The recent floods in eastern Bangladesh caused damage estimated at cost $1.2 billion (Tk 14,421.46 crore), reports Daily Sun.
A study, conducted by the Centre for Policy Dialogue (CPD), disclosed the figure of damage.
The findings were presented at a media briefing titled "Recent Flood Damage and Rehabilitation Process in Eastern Region: CPD's Analysis" at the CPD office in Dhaka on Sunday.The study highlighted that the damage represents 1.81 per cent of the national budget for fiscal year (FY) 2024-25.
In terms of GDP, it accounts for 0.29 percent of FY24's provisional GDP and 0.26 percent of the projected GDP for FY25.
The floods, which began on August 19, 2024, were caused by continuous heavy rainfall and upstream water flows, affecting 11 districts in the region.
CPD's damage assessment focused on Sylhet, Moulvibazar, Habiganj, Feni, Khagrachhari, Cox's Bazar, Cumilla, Noakhali, Chattogram, Lakshmipur, and Brahmanbaria.
The agriculture and forestry sectors were the most severely impacted, suffering Tk5,169.71 crore in damages, or 35.85 percent of the total.
Bd-pratidin English/Tanvir Raihan
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