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Syria war costs industry USD 2.2 billion: minister

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AFP Damascus
Last Updated : Nov 03 2013 | 5:55 PM IST
The Syrian industrial sector has lost USD 2.2 billion since the war began 31 months ago, Industry Minister Kamaleddine Tohme said in statements published today.
"The losses in the industrial sector from the start of the Syrian crisis till October total USD 2.2 billion," the pro-regime newspaper Al-Watan quoted Tohme as saying.
The private industrial sector has lost USD 1.5 billion, while public industry has lost USD 700 million, he said.
But he insisted that the figures did not reflect losses incurred in parts of the country held by rebel groups fighting to topple the regime.
More than 120,000 people have been killed in Syria's war, and millions more forced to flee their homes.
It has also destroyed the economy, causing soaring inflation and driving down the value of the Syrian pound.
According to the UN, more than half the Syrian population is now living in poverty.

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First Published: Nov 03 2013 | 5:55 PM IST

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