Turkiye Earthquake: Turkiye Facing 34 Billion Dollars Damage.
“Humberto Lopez”, director of the Turkish department of the World Bank, told reporters about the damages caused to this country in the recent earthquake: In this earthquake that occurred on February 6, 34.2 billion dollars of damage was caused to Turkey.
He stated in this report that the damage mentioned was directly inflicted on Turkey, and the cost of reconstruction and improvement of buildings and infrastructures can also increase twice or thrice. Turkey’s GDP in 2023 is projected to be 3.5 or 4%, and this earthquake will reduce half of this growth..
Lopez continued: Also, 1.25 million people have become homeless due to their homes being damaged or destroyed.
At 4 o’clock in the morning on Monday, February 17th, an earthquake with a magnitude of 7.6 occurred (according to the US Seismological Center, 7.8), which caused a lot of damage in 10 southern provinces of this country. The second major earthquake with a magnitude of 7.4 on the Richter scale also occurred at 2:00 p.m. on Monday, which caused further damage. So far, more than 44,000 people have officially lost their lives in this earthquake.
