World Bank estimates Venezuela earthquakes caused $19.6bn in damage
North AmericaWorldModerate confidence — 74/100
Report says 47 percent of physical damage from pair of earthquakes impacted residential buildings.
The World Bank has said that the powerful earthquakes that struck Venezuela in late June caused an estimated $19.6bn in physical damage, underscoring the country’s challenging path to recovery.
In a statement on Thursday, the World Bank said 47 percent of the damage occurred to residential buildings, while 27 percent occurred to infrastructure and 26 percent to non-residential buildings.
Unverified
Report says 47 percent of physical damage from pair of earthquakes impacted residential buildings.
The World Bank has said that the powerful earthquakes that struck Venezuela in late June caused an estimated $19.6bn in physical damage, underscoring the country’s challenging path to recovery.
In a statement on Thursday, the World Bank said 47 percent of the damage occurred to residential buildings, while 27 percent occurred to infrastructure and 26 percent to non-residential buildings.