Tag: World Bank

ISTANBUL : The World Bank announced Thursday it will initially provide $1.78 billion aid for Türkiye’s recovery and reconstruction efforts in the wake of powerful earthquakes. The assistance aims to help relief and recovery efforts following devastating earthquakes and aftershocks in Türkiye that have already resulted in massive loss of life, injuries, and very significant damages in and around southern Türkiye, it said in a statement. The World Bank said it has also commenced a rapid damage assessment to estimate the magnitude of the disaster and identify priority areas for recovery...