Haitian authorities have said the destruction caused by Hurricane Matthew's devastating passage over the island nation earlier this month caused nearly $2 billion in damages.
Studies by the World Bank and the Inter-American Development Bank put the estimated cost of damage and economic losses at 124 billion Haitian gourdes (€1.72 billion), officials with the Ministry of Economy and Finance told a news conference.
The storm, which killed 546 people according to official figures, battered an already fragile economy - one of the poorest in the world - with losses representing roughly one-fifth of the country's Gross Domestic Product, the officials said.
The southern region of Haiti, considered the country's breadbasket, was particularly hard hit by winds of 250km/h and torrential rains.
The agricultural sector alone suffered losses estimated at nearly $600 million. And more than 175,000 people lost their homes, with those losses also estimated at close to $600 million, economists say.
[rte.ie]
29/10/16
-
Related:
Studies by the World Bank and the Inter-American Development Bank put the estimated cost of damage and economic losses at 124 billion Haitian gourdes (€1.72 billion), officials with the Ministry of Economy and Finance told a news conference.
The storm, which killed 546 people according to official figures, battered an already fragile economy - one of the poorest in the world - with losses representing roughly one-fifth of the country's Gross Domestic Product, the officials said.
The southern region of Haiti, considered the country's breadbasket, was particularly hard hit by winds of 250km/h and torrential rains.
The agricultural sector alone suffered losses estimated at nearly $600 million. And more than 175,000 people lost their homes, with those losses also estimated at close to $600 million, economists say.
[rte.ie]
29/10/16
-
Related:
No comments:
Post a Comment
Only News