The total damage of February's devastating earthquakes in Turkey has exceeded $105 billion, the country’s treasury department said on Friday.
"The total damage caused by the earthquakes in Kahramanmaras and Hatay [Provinces] is six times more than after the earthquakes in the Sea of Marmara in 1999. The damage of the ‘natural disaster of the century’ amounted to about 2 trillion Turkish liras (more than $105 billion)," TRT state television quotes the treasury department.
According to the Turkish treasury department, the material damage of this natural disaster amounted to 1.6 trillion liras. The total devastation is equivalent to 9 percent of Turkey's projected GDP in 2023, the report states.
Earlier, the United Nations had predicted the damage of this natural disaster in Turkey in the amount of $100 billion.