MOSCOW (Sputnik) – According to Naranjo, Ecuador’s government will contribute 63 percent, or $2.253 billion of the $3.344 million needed for the reconstruction. The rest will be provided by the private sector, the official said at a Wednesday press conference, as cited by teleSUR TV.
In April, Ecuador was hit by a 7.8-magnitude earthquake that killed hundreds of people, injuring over 12,000 and causing serious damage along the country’s Pacific coast.
In May, a 6.7 and a 6.8 magnitude earthquakes hit Ecuador’s western coast, injuring dozens of people.
