Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Syria's economic losses triple its 2010 GDP - UN Report  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 29/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) A UN report revealed on Wednesday that by the end of 2013, the total economic losses in Syria resulting from the war amounted to USD 144 billion, which equals 276 percent of the gross domestic product (GDP) in 2010.

According to the latest quarterly report on the socio-economic situation in Syria, prepared by the UN Relief and Works Agency (UNRWA), the UN Development Programme (UNDP) and the Syrian Centre for Policy Research, said that damaged capital stock, amounting to USD 65 billion, accounted for 45 percent of the total economic losses, and that agriculture and government services accounted for half of GDP in 2013.

The report added that 54 percent of the labour force is unemployed and 75 percent of Syrians now live in poverty.

In a related matter, UN Spokesman Stephane Dujarric told the daily press briefing that Secretary-General Ban Ki-moon spoke by phone earlier today to the Director-General of the Organization Prohibition of Chemical Weapon (OPCW), Ahmet Uzumcu, to express his solidarity following the attacks yesterday on the organization's team of experts investigating the recent use of Chlorine gas in Syria.

Ban condemned those attacks, voiced his relief that no one was seriously injured, and vowed that the UN would continue to support the "vital work of the OPCW" in the war-torn country.

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Dec 22 2014 - Mideast insurers have strong risk-adjusted capital, says AM BestGulf Times
(MENAFN - Gulf Times) Insurers in the Middle East in general and those in the Gulf countries have strong levels of risk-adjusted capital, although they continue to rely heavily on reinsurance ...

 Dec 22 2014 - Mideast aviation firm plans budget airline in ThailandGulf Times
(MENAFN - Gulf Times) Dubai-based Transworld Aviation (TWA), a supplier of aircraft parts and aviation maintenance services and the first Middle East company of its kind with a presence in Southeast ...

 Dec 22 2014 - NDSQ to build 11 boats for new portGulf Times
(MENAFN - Gulf Times) Nakilat Damen Shipyards Qatar (NDSQ) will build construct 11 workboats, which indicate the domestic capability in the maritime industry.In this regard, NDSQ has signed an ...

 Dec 22 2014 - GCC fiscal balance to be affected by falling oil pricesMENAFN
(MENAFN) According to a report by Standard Chartered, Gulf countries' fiscal balances and growth are going to be impacted due to the drop in oil prices and the possible cuts in production in 2015 if ...

 Dec 22 2014 - USD stable against Kuwaiti dinar at KD 0.292Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The USD exchange was stable against the Kuwaiti dinar in Sunday's trading at KD 0.292 while the euro dropped to 0.357, compared with Thursday's rates, said the ...

 Dec 22 2014 - Kuwait- GCC drug registration meeting kicks offKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The 69th meeting of the Gulf Central Committee for Drug Registration (GCCDR) kicked off on Sunday under patronage of Minister of Health Dr. Ali Al-Obaidi.The ...

 Dec 22 2014 - EU Parliament sends strong political message on PalestineKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Parliament last Wednesday overwhelmingly adopted a compromise resolution which supports in principle recognition of Palestine statehood and the two ...

 Dec 22 2014 - Kuwait- EQUATE in the final stages of plants' turnaroundKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) EQUATE Petrochemical Company, Kuwait's first international petrochemical joint-venture, announced that it will soon be in the final stages of its plant ...

 Dec 22 2014 - Build Your Career overcoming six wrong beliefsAl-Anbaa
(MENAFN - Al-Anbaa) Self-talk is driven by critical beliefs that you hold about yourself, and is manifested in the things that you think as you move through your day. It plays an understated but ...

 Dec 22 2014 - Kuwait- KSE ends Sunday's trading on positive noteKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) All main indices of Kuwait Stock Exchange (KSE) ended Sunday's trading in green zone, as the Weighted Index closed at 433.62, gaining 16.81 points, the Price ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help