The total damage from catastrophic floods in Thailand will cost 1.36 trillion baht (more than 43 billion dollars).
Such an assessment of damages was provided by an expert of the Bangkok World Bank in Thailand Kirida Bhaopichitr, ITAR-TASS reported.
In particular, there are 94% of losses in the private sector and only 6% – in the state sector.
This year, because of catastrophic losses caused by the elements, GDP growth in Thailand amounted to 2.4% instead of previously projected 3.6%.
In 2012, GDP growth figures will increase and will be not less than 4%.
This was caused by the fact that Thailand would have to do a great job on the restoration of destroyed buildings, infrastructure, and send huge amounts of money for the rehabilitation of industrial companies.
As a reminder, since July 5, when the north of Thailand was hit by a tropical storm Nock-Ten, natural disasters have affected 63 provinces, over 11 million people suffered from the element, nearly 1 million people sought medical help.
Nearly 250 thousand people were left homeless.
Citizens in Thailand who lost their property due to high water, are under special control of specialists, who fear the increasing number of suicides.