The World Bank has estimated that the devastating war in Syria has cost the country a whopping $226 billion in cumulative Gross Domestic Product (GDP) losses.
The World Bank’s Vice President for the Middle East and North Africa, Hafez Ghanem, said in a statement on Monday that the losses for Syria during the six-year war have been “about four times the Syrian GDP in 2010.”
Ghanem regretted that the war had inflicted on Syria a dramatic loss of life among the civilians. He also said that the fighting had badly destroyed the country’s social and economic system.
“The number of casualties is devastating, but the war is also destroying the institutions and systems that societies need to function, and repairing them will be a greater challenge than rebuilding infrastructure — a challenge that will only grow as the war continues,” Ghanem said, adding, “The war in Syria is tearing apart the social and economic fabric of the country.”
Source: News Now/PRESS TV