Govt raises Hato loss to 12.5 billion patacas

2018-02-23 08:02
BY admin
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The government has revised up its estimate of financial losses caused by Super Typhoon Hato in August last year, from the initial estimate of 11.47 billion patacas to 12.55 billion patacas, according to a statement by the Statistics and Census Bureau (DSEC) yesterday.

The statement noted that the preliminary estimation carried out by the bureau after the killer typhoon hit Macau indicated that the typhoon-induced financial losses – as measured at that time – amounted to 11.47 billion patacas, consisting of 8.31 billion patacas of direct losses and 3.16 billion patacas of indirect ones.

Hato hit Macau on August 23, causing massive flooding, killing 10 and injuring 244. The government first announced its preliminary estimate of 11.47 billion patacas during a post-Hato press conference on September 6.


A police officer walks past the typhoon-caused debris near Rotunda de Carlos da Maia (popularly known as “Three Lamps”) on August 23 last year after Super Typhoon Hato had pummelled Macau. Photos: Iong Tat Choi

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