The UN agency said the program gave refugees in Jordan, Lebanon, Turkey, Iraq and Egypt vouchers to buy food. Without such assistance, many families would go hungry this winter, it warned.
The WFP’s Executive Director, Ertharin Cousin, said it was in critical need of funding, with $64m required to support refugees in December alone.
More than 3.2 million people have fled Syria and another 7.6 million have been displaced inside the country since the terrorists waged a war against the government.
Under the WFP program suspended on Monday, poor Syrian refugees were provided with vouchers to buy food in shops, injecting about $800m into the local economies of their host countries.
The agency said that for people already struggling to survive the harsh winter in the region, particularly those in camps and informal settlements in Lebanon and Jordan, the consequences of halting such assistance would be “devastating”.
“A suspension of WFP food assistance will endanger the health and safety of these refugees and will potentially cause further tensions, instability and insecurity in the neighbouring host countries,” Ms Cousin said.
She warned that the WFP’s Syria emergency operations were now “in critical need of funding” and that many donor commitments remained unfulfilled.
If new funding arrived, the agency said it would immediately resume assistance for refugees who used electronic vouchers to buy food.
The WFP also raised concerns about the negative impact the suspension of the operation would have on the host countries bordering Syria, which its regional emergency co-ordinator said had “shouldered a heavy burden throughout this crisis”.
Most other relief agencies also suffer from chronic under-funding, and have had to restrict their operations, trying to target the most vulnerable, our correspondent adds.
In a separate development on Monday, jihadist militants from Islamic State (IS) killed at least 15 Iraqi border guards at a checkpoint along the border with Syria, near the town of Walid, Iraqi officials said.