Earthquakes in Turkey have damaged the country’s economy by $84 billion, or about 10% of GDP. It has been reported Bloomberg Referring to the forecasts of the Confederation of Entrepreneurs and representatives of the business circles of the republic.
According to the business group, damage to residences in Turkey amounted to $70.8 billion. The consequences of the earthquakes would also lead to a $10.4 billion reduction in the country’s budget revenue, and labor losses would cost the Turkish economy $2.9 billion.
Bloomberg material points out that the confederation’s estimates are higher than those of other economists. Many experts also agree that it is too early to talk about the final consequences of the disaster now.
On February 8, the Turkish edition of NTV, the Turkish Stock Exchange suspended The shares of Turkish companies are traded until the evening of February 14 for the first time in 24 years, in order not to panic after the devastating earthquakes.
On February 6, several devastating earthquakes hit Turkey, after which, data Turkish Government’s Emergency Prevention and Relief Administration (AFAD), followed by the 1891 aftershock.
On February 12, the Turkish Emergency Management Agency reported the number of deaths from the earthquake in the country. grew up up to 29 605.