Floods caused by heavy rain across Iran in recent weeks have caused an estimated...
LONDON - Floods caused by heavy rain across Iran in recent weeks have caused an estimated $2.5 billion in damage to roads, bridges, homes and agricultural land, state media cited ministers as telling lawmakers on Sunday.
The flooding, which began on March 19, has killed 76 people, forced more than 220,000 people into emergency shelters, and left aid agencies struggling to cope. The armed forces have been deployed to help those affected. The government has said it will pay compensation to all those who have incurred losses, especially farmers but the Islamic Republic’s state budget is already stretched as U.S. sanctions on its energy and banking sectors have halved Iranian oil exports and restricted access to some revenues abroad.
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