UN reports urgent need for $36 billion investment in Syria's recovery efforts

February 22, 2025 | United Nations, Federal


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UN reports urgent need for $36 billion investment in Syria's recovery efforts
The recent United Nations press conference highlighted the daunting socioeconomic challenges facing Syria, 14 years after the onset of conflict. Experts discussed various recovery scenarios, emphasizing that the current situation is unsustainable for the Syrian population, which cannot afford to wait decades for improvement.

One of the key points raised was the need for substantial economic growth to restore Syria's economy to pre-conflict levels. Analysts suggested that achieving a return to the 2010 GDP could take between 10 to 20 years, depending on the annual growth rates. For instance, a consistent growth rate of 7.6% over the next decade could bring the economy back to its 2010 state, while a more ambitious target of 13.9% growth would be necessary to regain the trajectory the country was on before the conflict.

However, these growth targets come with significant challenges. Experts noted that achieving such rates would require massive investments—estimated at $36 billion over ten years, excluding housing—and substantial improvements in governance, transparency, and institutional capacity. Currently, 90% of the Syrian population lives in poverty, underscoring the urgent need for social protection and revitalization of the productive sector.

The conference also touched on the importance of international support and the role of the UN in facilitating recovery efforts. A clear vision from national authorities and dramatic governance reforms are essential for attracting the necessary investments and ensuring a stable economic environment.

As the discussion unfolded, questions arose regarding the response of the Syrian authorities to these proposals and the implications of reduced donor commitments for humanitarian aid. The pressing need for a coordinated recovery strategy was evident, as the path forward for Syria remains fraught with challenges but also potential for renewal if the right steps are taken.

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