SINGAPORE (AP) — Myanmar needs at least $1 billion over the next three years to put the survivors of Cyclone Nargis back on their feet, a U.N.-led report said Monday in the first comprehensive assessment of damage caused by the disaster that killed more than 84,000 people.
The May 2-3 cyclone caused damage estimated at $4 billion, said the report prepared by the United Nations, the Association of Southeast Asian Nations and the military junta that governs Myanmar. Damage to assets was determined to be about $1.7 billion and loss of income was estimated at $2.3 billion.
The cyclone devastated large swathes of the Irrawaddy delta and the Yangon region, killing at least 84,537 people and leaving 53,836 missing and presumed dead.
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