Al Arabiya/AFP: Cost of Syria war destruction at $388 bln: UN
Seven years of relentless conflict in Syria have wreaked destruction that the United Nations said on Wednesday had cost the country close to a whopping $400 billion.
The figure was released after a two-day meeting of more than 50 Syrian and international experts in neighboring Lebanon, hosted by the UN’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 (334 billion euros).
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Update #1: UN Puts Cost Of Syrian War Destruction At Nearly $400 Billion (Zero Hedge)
Update #2: The Latest: UN says civil war has cost Syria $388B in damage (FOX News/AP)
Update #3: UN: cost of war destruction in Syria $388bn (Middle East Monitor)
WNU Editor: This is a low-end estimate in my opinion, and the war is still continuing. As for the future .... Syria does not have resources like the Iraqis have with their oil to finance their reconstruction. Also .... Syria does not have allies that are willing to provide the tens of billions in grants and loans to rebuild the country. Bottom line .... it is going to take a long time for Syria to recover.
