Earthquake in Syria caused direct damage of $5.1bn: WB

Last month’s massive earthquake and aftershocks in Syria caused the country direct material losses of about $5.1 billion.

The World Bank (WB) said this on Friday (March 3), reports AFP.

The earthquake hit Turkey and Syria on February 6. Many cities in both countries were reduced to rubble and more than 50,000 people lost their lives.

Millions of people in these natural disasters require urgent assistance for shelter and medical care.

In this regard, the WB said in their latest report, ‘The current value of assets damaged and destroyed by the earthquake is estimated to be about 10 percent of GDP.’

In a separate assessment last month, the WB said the earthquake caused direct physical damage in Turkey of about $34.2 billion.

Also read: Turkey-Syria earthquake: Death toll tops 36,000

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button