Aid report highlights Syria's $700B GDP loss since 2011 and recovery potential

February 22, 2025 | United Nations, Federal


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Aid report highlights Syria's $700B GDP loss since 2011 and recovery potential
In a recent United Nations press conference, officials discussed the dire socioeconomic impact of 14 years of conflict in Syria, highlighting the urgent need for massive aid and investment to facilitate recovery and reconstruction. The meeting underscored the significant economic losses the country has faced since the onset of the war, with the gross domestic product (GDP) plummeting from $62 billion in 2010 to less than half that figure today. The accumulated loss in GDP since 2011 is estimated at a staggering $700 billion, illustrating the profound economic toll of the ongoing conflict.

Officials emphasized the importance of international aid, particularly grant funding, while also noting a shift towards attracting investments from the Syrian diaspora and regional partners. There are promising signals of interest in rebuilding Syria's infrastructure, including essential projects like gas and oil pipelines, electricity grids, and transportation networks. This connectivity is seen as a potential catalyst for economic recovery, not only for Syria but for the broader region.

The discussions also touched on the need for strategic investments, with questions raised about where these funds should be directed to maximize benefits. Concerns were voiced regarding the country's foreign reserves and the impact of corruption, particularly the alleged misappropriation of funds by the Assad regime and its associates.

As the international community prepares for further engagement on Syria's recovery, the meeting highlighted the critical need for a coordinated approach to aid and investment, aiming to restore the country's economic stability and improve the lives of its citizens. The path forward remains challenging, but the discussions signal a growing recognition of the need for comprehensive support to rebuild a war-torn nation.

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