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World Bank: East Mediterranean region lost $ 35 billion because of the war on Daash
BAGHDAD / Baghdadi News / .. A report issued by the World Bank that the eastern Mediterranean countries have lost $ 35 billion of the total income because of the war in Syria and the expansion of the organization Daash.
The civil war in Syria is approaching from entering its fifth year, while organizing Daash showed great resilience despite the air strikes launched by the international coalition led by the United States three months ago on the goals of the organization in the wide-controlled areas in Syria and Iraq.
The report said that "the economic effects of the Syrian war and progress Daash in the eastern Mediterranean," issued by the Office of the Chief Economist of the World Bank for the Middle East and North Africa that the loss of 35 billion dollars equivalent to the size of the Syrian economy in 2007, "
He pointed out that the cost of the war are unevenly distributed in the region where Syria and Iraq bear the direct cost of the war, where the burden on welfare spending has declined for each individual in the two countries increased by 14 percent and 16 percent respectively.
In neighboring countries, per capita income fell largest proportion in Lebanon amounted to 11 percent, while the decline in Turkey, Egypt and Jordan did not exceed 1.5 percent, reflecting a significant impact in Lebanon, which has the largest proportion of refugees for population
And decreased the GDP by 30 percent because of the ban on trade with Syria.
The report pointed out that if Iraq and Syria were able to avoid the conflict of the highest per capita income, on average, by a third quarter in a row.
And damaged all the actors in the economy in Syria, but the loss was the biggest land owners where the demand for land has fallen sharply in the reflection of the flow of refugees out of the country.
In contrast, benefited land and businesses in Lebanon and Turkey, while the owners of damaged due to the pressure imposed by the influx of refugees on the demand for goods and services workers.
The war has caused the displacement of 18 million Syrians, including 12 million displaced people inside Syria, while most of the rest fled to Almgeorh.anthy 21 countries / l
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BAGHDAD / Baghdadi News / .. A report issued by the World Bank that the eastern Mediterranean countries have lost $ 35 billion of the total income because of the war in Syria and the expansion of the organization Daash.
The civil war in Syria is approaching from entering its fifth year, while organizing Daash showed great resilience despite the air strikes launched by the international coalition led by the United States three months ago on the goals of the organization in the wide-controlled areas in Syria and Iraq.
The report said that "the economic effects of the Syrian war and progress Daash in the eastern Mediterranean," issued by the Office of the Chief Economist of the World Bank for the Middle East and North Africa that the loss of 35 billion dollars equivalent to the size of the Syrian economy in 2007, "
He pointed out that the cost of the war are unevenly distributed in the region where Syria and Iraq bear the direct cost of the war, where the burden on welfare spending has declined for each individual in the two countries increased by 14 percent and 16 percent respectively.
In neighboring countries, per capita income fell largest proportion in Lebanon amounted to 11 percent, while the decline in Turkey, Egypt and Jordan did not exceed 1.5 percent, reflecting a significant impact in Lebanon, which has the largest proportion of refugees for population
And decreased the GDP by 30 percent because of the ban on trade with Syria.
The report pointed out that if Iraq and Syria were able to avoid the conflict of the highest per capita income, on average, by a third quarter in a row.
And damaged all the actors in the economy in Syria, but the loss was the biggest land owners where the demand for land has fallen sharply in the reflection of the flow of refugees out of the country.
In contrast, benefited land and businesses in Lebanon and Turkey, while the owners of damaged due to the pressure imposed by the influx of refugees on the demand for goods and services workers.
The war has caused the displacement of 18 million Syrians, including 12 million displaced people inside Syria, while most of the rest fled to Almgeorh.anthy 21 countries / l
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