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MENAFN - Kuwait News Agency (KUNA) - 25/01/2014
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(MENAFN - Kuwait News Agency (KUNA)) The growing number of Syrian workers in Lebanon has force unemployment to rise in the country specially among youth, a UN Economic and Social Commission for Western Asia (UN-ESCWA) official said Friday

Abdullah Dardari, Director of Economic Development and Globalization Department, said the Syrian workers triggered an increase of the already high unemployment rate among the Lebanese people because the Syrians were cheap laborers

He was speaking at a news conference held at the UN House in Beirut to discuss a report about the economic projections in the world for 2014

Dardari said the Gross Domestic Product (GDP) in the area has increased because of the rising prices of oil coupled with improvement of economies of the Arab Gulf countries

The report expected the GDP to grow by 3.9 percent in Jordan and 2.4 percent in Lebanon

However Dardari said the figures should be examined cautiously because the number of expatriates rose by 15 percent in Jordan and by 25 percent in Lebanon

The World Bank said the Lebanese economy has suffered nearly USD 7.5 billion in losses due to the Syrian conflict that started in 2011, which would result in sending around 170,000 Lebanese people to live below the poverty line as well as pushing unemployment to over 20 percent

Meanwhile, UN-ESCWA Economic Advisor Sandra Saghir Syria has lost 37 years of development because of the bloody conflict, which killed up to 140,000 people and displaced millions others

Syria is losing USD 109 million of its GDP in everyday of the conflict, which further complicated the reconstruction, she said.


Kuwait News Agency (KUNA)

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