Chile Earthquake Losses Reach 30 Billion Dollars: When he announced budget adjustments this year, President Sebastian Pinera Chile, Friday (12 / 3) local time, said the loss of property caused by the earthquake with a strength of 8.8 shook the SR in the country last February, is estimated to reach 30 billion U.S. dollars. [cheez]
“Losses include a home, hospital, school buildings, infrastructure, and production systems,” Pinera said as quoted by Xinhua news agency. Pinera announced changes in Chile’s budget for this year and the adjustment of government programs by the earthquake and tsunami that. “We will make use of international credit because Chile has a foreign debt is very low,” Pinera says.
He said, “When circumstances change, priorities change and the government should change their priorities, too.”
April 15th, 2010 at 3:08 am
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