Poor farmers are hit the hardest by damage from floods
With ongoing floods causing an unprecedented $521 million in estimated damages, economists warn that poor farmers are being the hardest hit. The latest government estimate marks a roughly threefold increase from an earlier prediction of more than $161 million, which was the cost of the 2000 Mekong floods. Destruction has also eclipsed the about $130 million in damages caused by Typhoon Ketsana in 2009, said Keo Vy, cabinet chief at the National Committee for Disaster Management…