UN Report: Syrian economy will be able to return to the pre -war level no earlier than 2080

Currently, nine out of ten Syrians live in poverty. UN Report: Syrian economy will be able to return to the pre -war level no earlier than 2080 Economic development Fourteen years of conflict have nullified almost four decades of economic and social progress in Syria, the United Nations Development Program said in a new report. According to the forecasts of the UNDP, at the current growth rate of Syria, the Syrian economy will be able to return to the preflict level no earlier than 2080. To reduce the recovery period to ten years, annual economic growth should increase six times. According to the authors of the report, nine out of ten Syrians currently live in poverty. Since the beginning of the conflict in 2011, the country’s GDP has declined more than half, and unemployment has grown three times. Every fourth Syrian does not have a job. ~ 60 > “In addition to direct humanitarian assistance, Syria restoration requires long -term investments in development to ensure economic and social stability,” the administrator of UNCC Ahim Steiner emphasized. – Restoring labor productivity for creating jobs and combating poverty, revitalizing agriculture to ensure food security and restoring infrastructure to resume services in such areas as healthcare, education and energy, are key factors for prosperity and peace in Syria. ” 60 ~/p > consequences conflict 60 > based on data obtained from a wide range of sources, the authors of the report indicate the main consequences of the conflict in Syria: 60 ~ p >∙ Syria GDP losses over 14 years of conflict are estimated at 800 billion dollars. ∙ poverty level in Syria has grown almost three times – from 33 percent to the conflict up to 90 percent now, while extreme poverty has increased six times – from 11 to 66 percent. 62 ~~ 60 > ~ ∙ conflict led to The deaths of almost 618 thousand people, 113 thousand – went missing. Many lives were lost due to the collapse of the healthcare system, since a third of the medical centers were damaged, and almost half of the ambulance services were disabled. ∙ Almost a third of all housing units were destroyed or seriously damaged, as a result of which 5.7 million people in Syria today need a mole. ~ ∙ more than half of the water treatment systems and sewer systems damaged or do not work, as a result of which almost 14 million people – half of the country’s population – were left without pure water, sanitation services and hygiene. ∙ energy production fell by 80 percent, while more than 70 percent of power plants and power lines were damaged, which led to a reduction in the throughput of the national energy system by more than three quarters. 60 > Syria human development index, combining indicators in the fields of healthcare, education and income, decreased from 0.661 in 2010 to 0.557 now. This is lower than the very first indicator of Syria, which was 0.563 in 1990. road map of the economic revival of Syria To ensure existence and economic opportunities for everyone, the UNDD report says, Syria should Demonstrate stably high growth. At the current growth rate of 1.3 percent per year (2018–2024), the Syrian economy will take 55 years to restore the pre -conflict level of GDP. To achieve recovery over 15 years, a 5 percent annual growth is required, while in order to catch up with the absence of a conflict in the past, a annual increase of almost 14 percent will be needed.

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