15:03 GMT +318 March 2018
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    Police officers stand on debris after an earthquake struck off Ecuador's Pacific coast, at Tarqui neighborhood in Manta April 17, 2016

    Post-Earthquake Reconstruction in Ecuador to Cost Over $3.3 Billion

    © REUTERS/ Guillermo Granja
    Latin America
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    The post-earthquake reconstruction of Ecuador’s Manabi and Esmeraldas provinces will cost over $3.3 billion, the head of the country’s National Secretariat of Planning and Development, Sandra Naranjo, said.

    MOSCOW (Sputnik) – According to Naranjo, Ecuador’s government will contribute 63 percent, or $2.253 billion of the $3.344 million needed for the reconstruction. The rest will be provided by the private sector, the official said at a Wednesday press conference, as cited by teleSUR TV.

    In April, Ecuador was hit by a 7.8-magnitude earthquake that killed hundreds of people, injuring over 12,000 and causing serious damage along the country’s Pacific coast.

    In May, a 6.7 and a 6.8 magnitude earthquakes hit Ecuador’s western coast, injuring dozens of people.


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