Earthquakes February 6th caused over $5.2 billion in damage to Syria, leading That’s until the country’s GDP shrinks by 5.5% yearthe World Bank said on Monday.
Syria economy It is expected to contract 2.3%. more What might happen due to the effect of last Months deadly The World Bank said that earthquakes on Monday.
The earthquake and its aftershocks killed more from 50,000 people in Turkey, Syria and the displaced millions more.
The recent earthquake made it worse already Serious consequences of 12 yearLong struggle for the people of Syria, Director of the World Bank Office for Middle East section said Jean-Christophe Carette.
it is expected that cost Syrian economy $5.2 billion, including physical damage of 3.7 billion dollars and losses of $1.5 billion bank announced in a permit. Recovery and reconstruction costs will approach $8 billion over Three years bank and expect.
Earthquake impact likely to widen economic contraction in Syria from 2.3% to 5.5% yearaccording to the bank. Country economy Still under a lot of pressure more From 13 years later deadly The civil war began.
the bank previously estimated hit To Turkiye’s economy of the earthquake will exceed 34 billion, equivalent to 4% of The country’s GDP 2021.
the worst-hit sectors in Syria includes housing, followed by transportation. environment and agriculture, according to the Syria Earthquake 2023 Rapid Damage and Needs Assessment bank.
Aleppo was the most affected city, followed by Latakia and Azaz.