The Strategist

UN: Damage from earthquakes in Turkey amounts to $100B min

03/08/2023 - 04:14

According to Louisa Vinton, an official of the UN Development Programme, the cost of earthquake damage in Turkey may exceed $100 billion. The most recent statistics show that 46,104 people perished as a result of earthquakes.

IHH Humanitarian Relief Foundation via flickr
IHH Humanitarian Relief Foundation via flickr
Speaking from Gaziantep, Turkey, Ms. Vinton stated that it was evident from calculations thus far that the damage estimates presented by the government and supported by international partners would exceed $100 billion.

The Turkish province of Hatay experienced the most earthquake-related harm. Hundreds of thousands of homes were destroyed. Mrs. Vinton described the events in the province as apocalyptic. She also pointed out that there aren't many resources available in the area to repair all the damage.

On the evening of February 6, a 7.7 magnitude earthquake hit southeast Turkey, and a 7.6 magnitude earthquake occurred later that day. Syria was also impacted by the earthquakes. Earlier, the Interior Ministry of Turkey reported 45,968 fatalities, including 4,267 Syrian citizens. The damage to the nation was estimated to be $34.2 billion. On February 20, a second earthquake occurred near the border between the two countries.