Today: 25 July 2025
10 February 2023
2 mins read

WB gives $1.78bn to quake-hit Turkey

World Bank Group President David Malpass expressed condolences to the people of Turkey and Syria…reports Asian Lite News

The World Bank has announced providing USD 1.78 billion in assistance to Turkey to help with relief and recovery efforts after devastating earthquakes in Turkey and neighbouring Syria.

The death toll following the earthquakes that hit Turkey and Syria on Monday has risen to 21,051, CNN reported citing authorities. At least 78,124 people in Syria and Turkey were injured after the quakes, CNN cited the figures from the Turkish government, the White Helmets and Syrian state media. The World Bank in a press release said that it has started a rapid damage assessment to estimate the magnitude of the disaster and identify priority areas for recovery and reconstruction support, based on its extensive experience in disaster risk management from around the world.

“The World Bank announced today $1.78 billion in assistance to help relief and recovery efforts following devastating earthquakes and aftershocks in Turkiye that have already resulted in massive loss of life, injuries, and very significant damages in and around southeastern Turkiye,” the World Bank has announced in a statement.

World Bank Group President David Malpass expressed condolences to the people of Turkey and Syria. Malpass stated that they are providing immediate assistance and preparing a rapid assessment of the needs on the ground.

“On behalf of the World Bank Group, we express our deepest condolences to the people of Turkiye and Syria for the great loss you have suffered as a result of the devastating earthquakes,” said World Bank Group President David Malpass said.

“We are providing immediate assistance and preparing a rapid assessment of the urgent and massive needs on the ground. This will identify priority areas for the country’s recovery and reconstruction as we prepare operations to support those needs,” David Malpass added.

According to World Bank’s press release, the assistance of USD 780 million is offered through Contingent Emergency Response Components (CERCs) from two existing projects in Turkey – the Turkiye Earthquake, Floods and Wildfires Emergency Reconstruction Project (TEFWER) and the Climate and Disaster Resilient Cities Project.

It further stated that an additional USD 1 billion in operations is being prepared to support the impacted people as the World Bank provides immediate support for recovery and reconstruction from this catastrophe. (ANI)

ALSO READ: Turkey hails UAE’s immediate help

Previous Story

EU assures Ukraine of support as Zelensky visits Brussels

Next Story

22 UAE aid planes on relief operation

Latest from -Top News

Hamas Reiterates Peace Effort After U.S. Jab

Hamas Reaffirms Commitment to Ceasefire Talks After U.S. Criticism…reports Asian Lite News Hamas on Friday reiterated its commitment to the ongoing ceasefire negotiations, responding to remarks by U.S. Special Envoy to the

Dubai turns malls Into fitness zones

Dubai’s Mallathon reimagines shopping centres as fitness zones, encouraging residents of all ages to walk, run, and connect—fostering healthier habits in air-conditioned comfort….reports Asian Lite News In a bold move to blend

Riyadh welcomes Paris pivot to Palestine

Move stirs global response as Macron breaks G7 ranks; Israel and US condemn recognition bid amid Gaza war…reports Asian Lite News Saudi Arabia has welcomed French President Emmanuel Macron’s pledge to officially

‘UN-OIC unity key to peace push’

Khaled Khiari, particularly highlighted the convergence of UN and OIC efforts in the Middle East, especially in seeking a just, comprehensive resolution to the Palestine question…reports Asian Lite News The United Nations

UAE talks big at global SDG meet

The forum provided a platform for the UAE to highlight its pioneering role in accelerating progress toward the 2030 Sustainable Development Goals..reports Asian Lite News The United Arab Emirates reaffirmed its global
Go toTop

Don't Miss

Israel President due in Turkey to rebuild ties

Israeli President Isaac Herzog will travel to Turkey on Wednesday

Indian nationals return from crisis-hit Syria 

India has evacuated from Syria all its nationals who wished