Typhoon Rebuild in Philippines Hits $8.2 Billion

http://www.bloomberg.com/news/2013-12-19/typhoon-rebuild-in-philippines-hits-8-2-billion.html

Philippine President Benigno Aquino is seeking more aid from international donors to reduce the strain on public finances as officials estimate reconstruction may widen the budget deficit beyond a target of 2 percent of gross domestic product in the next two years. The government has said rebuilding will help boost an economy growing at the slowest pace in more than a year.