UN: cost of war destruction in Syria $388bn

Syria’s seven-year-long civil war has cost the country $388 billion in economic and social damage, the United Nations Economic and Social Commission for Western Asia (ESCWA) announced yesterday.
Publish date : Saturday 11 August 2018 11:51
Code: 350001
 
“The value of damage stemmed from the Syrian war represents the volume of destruction in physical capital and its sectoral distribution,” ESCWA explained.
The UN organisation noted that the cost of material destruction, including damage to roads, infrastructure, homes and other physical objects, was estimated at $120 billion.

This figure, ESCWA pointed out, does 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”.
Over the past two days, more than 50 Syrian and international experts have met in the Lebanese capital of Beirut in response to an invitation by ESCWA to discuss post-war reconstruction policies in Syria.
The civil war in Syria has forced half of the country’s 24 million population to immigrate, while leaving hundreds of thousands killed.
ESCWA added that it is due to publish a detailed report in September, entitled “Syria: Seven Years of War,” which will include extensive analysis of the conflict and its social and economic impact.
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