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  HOME PAGE 12/12/2024 01:38 
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Assad left behind rubble! The reconstruction of Syria will not be easy.

Assad left behind rubble! The reconstruction of Syria will not be easy.

11.12.2024 16:01

With the capture of Damascus by the opposition, attention is now on the reconstruction of Syria following the end of the Assad regime. It is expected that recovery in the country, which has suffered significant blows from the war, will take at least 10 years, and the required budget is estimated to be at least 400 billion dollars.

Opposition groups that began operations in Syria on November 27 reached the capital, Damascus, in just 12 days without firing a single shot, so to speak. After the arrival of the opposition in Damascus, Bashar al-Assad, who fled to Russia, left behind a heavy wreckage that is difficult to remove.

HEAVY BILL FOR SYRIA'S RECOVERY

According to United Nations reports, the budget required for the country's post-war reconstruction could reach 400 billion dollars. According to data from Vision of Humanity, since the civil war began in 2011, excluding the latest conflicts, 17.5% of the housing in the country has been destroyed. Estimates show that the infrastructure damage caused by the conflicts is close to 118 billion dollars.

According to a World Bank report, the non-oil economy has shrunk by 52% due to the destruction of infrastructure, reduced access to fuel and electricity, low job security, and disruptions in trade. It is estimated that the agricultural and public sectors have shrunk by more than 40% in real terms.

AT LEAST 10 YEARS NEEDED FOR THE RECOVERY OF THE SYRIAN ECONOMY

According to the World Bank, Syria's national income in 2021 has decreased by 54% compared to 2010, and 69% of the population lives below the poverty line. It is stated that the Syrian economy needs at least 10 years to recover.

According to a report on NTV, the support of the European Union, Gulf countries, China, Turkey, and international financial institutions is said to be crucial for recovery.



 
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