Possible Economic Assessment for Post-Earthquake Reconstruction
3 Articles
3 Articles
The damages presented in the general balance after the catastrophic events of June 24 suggest that the designations and dimensions of the costs caused by the disaster are large, unprecedented in Venezuelan history. In fact, there is no precision to date about the total economic impact that earthquakes would have. However, the estimates have not been made to wait. Let's see. FIRST ESTIMATES An evaluation carried out by the United Nations Developm…
Economist Asdrúbal Oliveros estimates that the damage of the double earthquake in Venezuela is between 7,500 and 9 billion dollars, while reconstruction may require up to 15 billion dollars, in a context of high fiscal fragility
Reconstruction of Venezuela: UNDP Puts the Cost of Earthquakes at 6.7 Billion and CAF Creates a Fund
I have analyzed the preliminary satellite assessment that the United Nations Development Programme (UNDP) has published on the cost of the earthquakes that shook Venezuela on June 23. The figure is overwhelming: $6.7 billion. That is the amount that, according to rapid digital analysis RAPIDA, will be needed to rebuild the affected cities. 1.7 million affected homes and 1,719 deceased: the bill of earthquakes The earthquakes of 7.1 and 7.5 magni…
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