Red Cross: Syria is in the Worst Economic Crisis Since the Beginning of the War

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Syria was facing the worst economic crisis since the start of the civil war almost ten years ago.

 

Hundreds of thousands of people are facing additional poverty and hunger from the corona pandemic and months of financial unrest in neighbouring Lebanon, according to the international aid organization Red Cross.

Corona and tensions in Lebanon led to rising prices and the collapse of the Syrian pound, with disastrous consequences for employment.

Nearly 90 percent of households with which the Red Cross is in contact report that they have lost income in recent months.

70 percent of them have no savings to bridge this period.

The Red Cross and the comparable Syrian Red Crescent will further scale up aid in Syria soon. The ailing population now needs this help more than ever, the organization said.

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