Venezuela earthquake damages add up to almost $20 billion, World Bank says
- The 24 June Venezuela earthquakes could have resulted in around $19.6 billion (€17.2bn) worth of direct physical damage, according to the World Bank Group.
- This significant number reveals a crucial need for the country to invest in timely and resilient reconstruction, in order for the economy to recover.
- The findings were highlighted in a Global Rapid Damage Estimation (GRADE), carried out by the World Bank and published on Thursday.
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- The 24 June Venezuela earthquakes could have resulted in around $19.6 billion (€17.2bn) worth of direct physical damage, according to the World Bank Group.
- This significant number reveals a crucial need for the country to invest in timely and resilient reconstruction, in order for the economy to recover.
- The findings were highlighted in a Global Rapid Damage Estimation (GRADE), carried out by the World Bank and published on Thursday.
Sources: Euronews