All news

Damages from last summer’s flood in Far East total 527 billion rubles

KHABAROVSK, April 25. /ITAR-TASS/. Damages from a devastating flood in Russia’s Far East have totalled 527 billion rubles (around $14.7 billion), according to specified reports, Russian Deputy Prime Minister and Presidential Plenipotentiary Representative in the Far Eastern Federal District Yury Trutnev said at a meeting of the governmental committee on development of the Far East which Prime Minister Dmitry Medvedev is holding in the Siberian city of Khabarovsk on Friday.

“Today direct and indirect damages are estimated, there were no such figures before. Direct damages from the flood reached 87.9 billion rubles (around $2.4 billion), indirect damages estimated according to world practices make 429 billion rubles (around $12 billion). Damages totalled 527 billion rubles,” Trutnev said.

He recalled 40 billion rubles (around $1.1 billion) had been allocated for restoration works and aid to flood-affected people. “As much as 33.9 billion rubles (around $950 million) were already transferred to the territory,” the deputy prime minister noted.