Nepal Damages Grow to USD 5 B

World | April 27, 2015, Monday // 15:46|  views


Economic losses following the Nepal earthquake could reach USD 5 B, as reported by the CNN.

Analysts have made the estimation and have been quoted as saying it will represent close to 209% of the gross domestic product of the country.

The severe damages that Nepal has suffered since the earthquake of magnitude 7,8 on Richter's scale have largely been blamed on the poor quality of construction in the country.

According to the latest available information, victims of the accident have now surpassed 3,600 people, as reported by the BBC.

Rescue works continue, as the international community has actively been providing financial assistance and rescue team support. 

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Tags: Nepal, Earthquake, accident, incident, disaster, damages, economic


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