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The Eurasian Development Bank (EDB) has decided to allocate funds to help eliminate the consequences of the massive floods in several regions of Kazakhstan, the bank said in an email to bne IntelliNews. This year’s floods became the largest natural disaster in the country over the past 80 years. ‘Realizing the importance of the situation in Kazakhstan, we have provided financial assistance in the amount of $1 m to support the regions affected by the flooding,’ said Nikolai Podguzov, Chairman of the EDB Management Board. Vast amounts of floodwater destroyed villages and carried away livestock i…

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