Concerns have risen that the earthquake in Türkiye on February 6th will deepen the country’s economic downturn. With a magnitude of 7.8, the quake affected most of the country, causing more than 50,000 deaths and leaving more than 200 homeless. The damage has led to a shortage of human resources, which has worsened the current economic situation. According to the Turkish Enterprise and Business Confederation, the cost of the earthquake loss is estimated to be about ₩109 trillion. Since Türkiye’s economy was already vulnerable even before the disaster, the country’s current situation is devastating. Previously, Recep Tayyip Erdogan, President of Türkiye, reduced the interest rates to mitigate inflation, which unfortunately led to the fall of currency value. Thus, importing currencies from foreign countries was the only alternative to maintain the economy. However, the economy rapidly declined since the earthquake reduced the country’s human resources and factories around import bases. Meanwhile, it is unclear whether the government is capable of compensating for the problems Turkish industries face due to the extent of the damage. In an interview with The Wall Street Journal, Ismail Dizdek, the director of an export packaging company, said, “It’s not just one province. It’s a huge region, and the country only has so many resources.”