Thursday October 18, 2018 18:53
 
 
 

Cost of Syria War Destruction Almost $400 Billion, UN Estimates

Aug 10th, 2018 by Al-Araby al-Jadeed (London-based pan-Arab newspaper)

The figure does not include the loss of competences and skilled labour, considered the "most important enablers of the Syrian economy" reports Al-Araby al-Jadeed

Cost of Syria War Destruction Almost $400 Billion, UN Estimates

Seven years of relentless conflict in Syria have wreaked destruction that the United Nations said Wednesday had cost the country close to $400 billion.

The figure was released after a two-day meeting of more than 50 Syrian and international experts in neighbouring Lebanon, hosted by the United Nation's Economic and Social Commission for Western Asia (ESCWA).

ESCWA said the "volume of destruction in physical capital and its sectoral distribution" had been estimated at more than $388 billion.

It said the figure did not include "human losses resulting from deaths or the loss of human competences and skilled labour due to displacement, which were considered the most important enablers of the Syrian economy".

More than half of Syria's pre-war population has fled the country or been displaced internally over the past seven years.

ESCWA said a full report on the impact of the war was due out in September and that the updated estimates reached this week would help inform ongoing discussions on post-conflict Syria.

According to independent assessments, brutal tactics pursued mainly by the Russian-backed regime, which have included the use of chemical weapons, sieges, mass executions and torture against civilians, amount to war crimes.

This article was edited by The Syrian Observer. Responsibility for the information and views set out in this article lies entirely with the author.

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