Pakistan's floods have caused losses of $US43 billion ($A48 billion), Prime Minister Syed Yousuf Raza Gilani says. ''This is a pensive moment in our history,'' he told members of his cabinet in a televised speech yesterday. ''There will be massive job losses, serious social implications and a snowball effect on manufacturing and services.'' The government would miss its economic growth target of 4.5 per cent for the year that began on July 1 and the economy might expand 2.5 per cent, Mr Gilani said. The International Red Cross said floodwaters had dislodged and carried landmines to areas previously deemed safe or de-mined, increasing risks to the population. An official said that since the beginning of the floods five people had been severely wounded by landmines in disaster-hit regions.
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