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Tuesday, October 24 2017 @ 05:34 AM AST

Disaster risk experts estimate Anguilla lost 90%, BVI 150% of their GDP in hurricanes this year

Although preliminary estimates are yet to be supplied by the government of Anguilla , disaster risk experts have placed economic losses, as a result of infrastructural damage sustained by Anguilla on September 6, 2017 during Hurricane Irma, at approximately EC$783 million, which represents the equivalent of around 90% of the country’s Gross Domestic Product (GDP), Caribbean credit rating agency Caricris said in a September 29 statement.


Similarly, significant infrastructural damage to the British Virgin Islands (BVI) received as a result of Hurricane Irma on September 7, 2017 and Hurricane Maria on September 19, 2017 cost an estimated one and a half times the country’s Gross Domestic Product (GDP), another Caricris statement of the same date said.

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