Sunday, July 27, 2008

Economic Loss of Cyclone Nargis

The total economic losses amount to about 2.7% of the projected 2008 GDP, with the effects of the cyclone concentrated on a region important for agriculture and fishing in Myanmar.

Recovery needs, which are estimated at just over a total of US$1 billion over the next 3 years, include the most urgent priorities of significant food, agriculture, housing, basic services and support to communities for restoring their livelihoods and rebuilding assets

-First comprehensive picture and analysis of the impact of Cyclone Nargis in Myanmar

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