Syria war damage estimated at $100 billion: Deputy PMOctober 15, 2013 - 18:13 AMT PanARMENIAN.Net - Syria’s financial losses from the ongoing armed conflict in the country stand at around $100 billion, a senior official with the Middle Eastern nation's government said Tuesday, October 15, according to RIA Novosti. “According to preliminary estimates, I believe it is $100 billion. Plus or minus 10 percent because this is not a final figure,” Syrian Deputy Prime Minister for Economic Affairs Qadri Jamil said in an interview with Rossia-24 television network. “GDP has fallen at least 30 percent, maybe more,” he said, adding that Syria’s oil industry has been hit with production currently at a standstill. On Oct. 2, Syrian Prime Minister Wael Nader Al-Halqi was cited by news agencies as estimating the damage incurred by the public and private sectors of the economy at $16.5 billion. The United Nations estimates that the Syrian conflict has claimed over 100,000 lives. Related links: Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. IDBank, Dalma team up for Caucasian Deer Reintroduction Program IDBank has joined Dalma Garden Mall’s Green Challenge to support the Caucasian red deer reintroduction project. Through Ucom’s support the 12th Sunchild Festival concludes On May 24-28, with the support of Ucom, the 12th international environmental festival Sunchild took place in Yerevan. U.S., Turkey emphasize importance of Armenia-Azerbaijan peace deal Jake Sullivan and Akif Cagatay Kilic have discussed the normalization process between Armenia and Azerbaijan. |