[new Zealand will allocate US $700 million for post-disaster reconstruction] the New Zealand government said on the 14th local time that it would allocate NZ $1.1 billion to help rebuild areas hit hard by Hurricane Gabriel and floods. In January, New Zealand's largest city, Auckland, was flooded by heavy rain; the next month, Hurricane Gabrielle hit New Zealand's North Island, killing 11 people. According to New Zealand government estimates, the damage caused by the two disasters could be as high as NZ $14.5 billion, the worst natural disaster loss since the 2011 Christchurch earthquake, the second largest city.