In addition to the devastating human toll, six years of conflict in Syria has had a disastrous effect on the country’s economy. The country has seen markets collapse, rampant inflation and currency depreciation, looting and destruction. A lack of cash and employment opportunities are major challenges faced by most of the 6.5 million internally displaced people of Syria – about 45 percent of the population – as well as many host communities.
By the end of 2015, 85.2 percent of the population was plunged into poverty, and more than half of the labour force has been pushed into unemployment. Some 2.3 million livelihoods have been lost - so far. Many of the displaced have exhausted their savings and resorted to coping in ways that eventually cause further harm, such as selling off assets and reducing meals. Recent assessments show that Syrian human development indices have been rolled back 35 years since the conflict began.
Between 2014 and 2016, UNDP programmes have impacted 4.5 million Syrians across all governorates in the country, through targeted early recovery and livelihoods restoration efforts in partnership with more than 150 local actors including NGOs and faith-based organizations. UNDP is helping affected communities rehabilitate infrastructure and restore basic services, and in 2015 provided 44,000 emergency employment jobs to both internally displaced persons and host community members to remove solid waste and debris and to repair infrastructure such as the water networks in Aleppo. 1,514 businesses could be revived through provision of start-up grants, vocational training, job placements, value-chain development and market restoration.