Financial Times FT.com

Iraqi refugees strain Syrian economy

By Julien Barnes-Dacey in Damascus

Published: January 17 2008 16:56 | Last updated: January 17 2008 16:56

Syria’s economy is straining under the weight of the estimated 1.5m Iraqi refugees who have taken refuge in the country, say government officials and analysts, threatening the country’s fragile social infrastructure from subsidised goods to free schools.

According to Syrian officials the refugees are now costing the country over US$1bn a year as Iraqis deplete their savings and become more reliant on Syrian resources.

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