Two earthquakes with a magnitude of 7.7 and 7.6 occurred in Kahramanmaraş in the past days. The tremors caused serious destruction in 10 provinces around, let alone the epicenter. With the help from all over the world, the wounds began to heal. Finally, the International Monetary Fund (IMF) announced the impact of the earthquake on the Turkish economy.
How will the Kahramanmaraş earthquake affect the Turkish economy?
IMF Executive Director Mahmud Mohieldinat the press conference of the Kahramanmaraş earthquake in Turkey Gross Domestic Product (GDP) He talked about the impact it would have on him. Mohieldin said it is unlikely to be as effective as the 1999 Gölcük earthquake.
On the other hand, he added that public and private sector investments for reconstruction in the coming months could boost GDP growth going forward. According to the Turkish Industrialists’ and Businessmen’s Association (TUSIAD), the 7.4 magnitude Gölcük earthquake on 17 August 1999 17 billionIt is worth noting that it caused a large amount of damage.
Big donation from Baykar to the earthquake zone!
After the earthquake in the Southeastern Anatolia region, local companies such as Baykar also provided a large amount of aid to the region.
Apart from the IMF, TUSIAD has published the Disaster Status Report for the Kahramanmaraş Earthquake in 2023. In this report, 70.75 billion dollars of housing damage, 10.4 billion dollars of national income loss and 2.9 billion dollars of workforce loss were predicted for the earthquake. In addition, 72 thousand 663 deaths are expected.
In addition to these, according to the latest data, 29,605 lives were lost due to the earthquake. On the other hand, while 72,879 people were pulled out of the rubble, 80,278 were injured. The number of destroyed buildings is 6 thousand 444.
You can find our videos about the earthquake below.
Things to do before and after the earthquake:
shiftdelete.netMake these settings for earthquake:
shiftdelete.netWhen donating, be careful:
shiftdelete.netSo what do you guys think about this issue? You can share your views with us in the Comments section below.