According to Flood Commission Report almost 855 billion rupees loss occurred when dykes were broken in Pakistan. The amount is equal to 10 billion dollars and in 2011-12 Budget Pakistan is facing deficit of almost the same amount.
If proper preparation was done before flood than this bog loss could have been avoided. After floods, Government of Pakistan announced Watan Cards for affected people. The amount which was given to these affected people through Watan Card could have been saved if the amount was spend on dykes.
But I am still sure that if any natural calamity hits Pakistan, than government is not at all ready for it nor they have done any preparations.