By Suleiman Al-Khalidi AMMAN (Reuters) - Syria's eco**my, rocked by four years of civil war, is shrinking fast as industrial and agricultural output falls, leaving almost two thirds of the population in extreme poverty, according to a U.N. sponsored report released on Wednesday. The study, conducted by the Damascus based-Syrian Centre for Policy Research and commissioned by the United Nations, International Monetary Fund (IMF) estimates of a 40 percent contraction in GDP since the start the conflict in 2011. Almost half of Syria's five million labor force is unemployed. A big blow to Assad's financial resources was the loss of most of Syria's oil production of around 400,000 bpd, with eastern regions **w mainly under rebel control.
05-28-2014, 09:11 PM
Syria's eco**my heads into ruin: U.N. sponsored report
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