Daily Management Review

World Bank to provide assistance to Turkey


02/10/2023


Turkey will get $1.78 billion in post-quake support from the World Bank.



EU Civil Protection via flickr
EU Civil Protection via flickr
According to a communiqué, the World Bank said it would set aside $1.78 billion for help and recovery activities in the wake of Turkey's deadly earthquakes.

According to the statement, "The World Bank has also launched a rapid damage assessment to assess the magnitude of the disaster and identify priority areas to support recovery and reconstruction." The World Bank is using this opportunity to draw on its vast experience in disaster risk management throughout the world.

On February 6, in the early hours, an earthquake of a magnitude of 7.7 struck southeast Turkey. President Erdogan described it as the strongest since 1939. On the same day, a second 7.6-magnitude earthquake occurred. The most recent statistics show that there were over 17,000 fatalities and close to 72,000 injured in the region.

source: worldbank.org