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Pakistan Waives Loans as Floods Hit 14 Million People

Pakistan will waive farm loans and help rebuild homes for victims of the country’s most destructive flood as the government and aid agencies acknowledge they are unable to reach or assist many of the 14 million uprooted so far.

The government will announce a comprehensive rehabilitation package once it completes a survey of lives lost and damage to property, the state-run Associated Press of Pakistan cited Prime Minister Yousuf Raza Gilani as saying yesterday. A cross-party committee will be set up to coordinate relief activities, he said, after visiting relief camps in Muzaffargarh and Layyah.