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Syria’s post-conflict reconstruction to cost at least $216B: World Bank

Syria’s post-conflict reconstruction to cost at least $216B: World Bank

The World Bank has estimated Syria’s post-war reconstruction will cost at least $216 billion, with possible totals ranging from $140 billion to $345 billion. Its ‘Syrian Conflict: Physical Damage and Reconstruction Assessment (2011–2024)’ report found $108 billion in direct physical destruction—around one-third of the country’s total capital stock. Infrastructure suffered nearly half the damage ($52 billion), followed by homes and public buildings, with Aleppo, Rif Dimashq, and Homs the hardest-hit regions. Syria’s economy has shrunk dramatically, with GDP down 53% since 2010, from $67.5 billion to just $21.4 billion. The report warns that reconstruction costs now amount to ten times the country’s current GDP, while sanctions, depleted reserves, and minimal capital investment leave the government unable to rebuild alone. Finance Minister Yisr Barnieh called for urgent global support to restore infrastructure and rebuild communities. Following Bashar al-Assad’s flight to Russia last year, Syria’s new government under President Ahmed Al-Sharaa has begun reforms aimed at stability, investment, and national recovery.