Nationwide flood losses amount to RM6.1bil

KUALA LUMPUR: The floods that hit the country at the end of last year and early this year have resulted in losses amounting to RM6.1bil, which is equivalent to 0.4% of the nominal gross domestic product, according to the Department of Statistics Malaysia (DOSM).

According to Bernama, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said based on the “2021 Special Report on Impact of Floods” in Malaysia which was released yesterday, public assets and infrastructure suffered the highest loss of RM2bil followed by housing (RM1.6bil) and vehicles (RM1bil).