Economic toll of Türkiye earthquakes estimated ...News

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Economic toll of Türkiye earthquakes estimated
The disaster could cost the country up to $84 billion, a Turkish business group calculated The devastating earthquakes that struck Türkiye and Syria on Monday could have wreaked $84 billion worth of damage in Türkiye alone, according to a business group cited by Bloomberg. The group’s figure is dramatically higher than previous estimates. Bloomberg reported the likely price tag on Sunday, citing an unnamed “Turkish business group.” Earlier this week, the US-based Fitch ratings agency claimed that economic losses “appear likely to exceed $2 billion” and could reach $4 billion “or more.” Bank of America put the figu

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