May 17 2018

Syrian refugees boosting Turkish economy

By founding over 6,500 companies since the start of the Syrian civil war, Syrian refugees have provided a boost to Turkey’s economy, Lebanon’s Daily Star said.

“Over 3.5 million Syrians are registered in Turkey, far more than in any other country that has welcomed refugees of the seven-year war,” it said.

“Turkish officials highlight the major economic burden of hosting so many refugees but the presence of this new population – many well-qualified and multilingual – and the success of their businesses have also been a fillip for the Turkish economy, contrary to widely-held assumptions.”

Syrians had boosted consumption and provided cheap labour to the Turkish economy, the newspaper said, with some experts estimating that the presence of Syrians had added around three percent to Turkey’s economic growth.