A preliminary World Bank report has put the cost of last month’s landslide and flooding on Sierra Leone’s economy at $30m.
The Damage and Loss Assessment was carried out by experts from the World Bank, UN agencies and consultants, said Mr Henry Kerali, the World Bank Country Director Responsible for Ghana, Liberia and Sierra Leone.
Mr Kerali, who is based in the Ghanaian capital, Accra, was part of a team of the World Bank in Freetown to help the country respond to the August 14 calamity, which has claimed at least 1,000 lives.
Mr Kerali said the $30m represented the physical damage to health and education facilities, the industry, transport and housing.
Mr Kerali said the $30m represented the physical damage to health and education facilities, the industry, transport and housing.
The World Bank’s Damage and Loss Assessment was carried out as part of a larger study of Freetown’s environment. It investigated the causes of the landslide, its effect both on the economy and human lives, and the risk of future occurrence of similar disasters.