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The International Monetary Fund stands ready to assist Syria's reconstruction alongside the international community, but the situation on the ground remains fluid, IMF spokesperson Julie Kozack ...
Syria’s economy has been cripped for years by Western sanctions. Among the harshest is the US’ 2019 Caesar Act, which imposed wide-ranging sanctions that restricted individuals, companies or ...
Concrete movement on an inclusive political transition in Syria will be key in ensuring the country gets the economic support it needs, United Nations special envoy for Syria Geir Pedersen told ...
Since Syria became independent in 1946, the economy has undergone widespread structural change. [16] Although the presence of the Allied forces during World War II stimulated commerce by providing markets for agriculture, textiles, and other locally manufactured goods, Syria lacked both the infrastructure and the resources to promote economic prosperity. [16]
Russian wheat supplies to Syria have been suspended because of uncertainty about the new government and payment delays, Russian and Syrian sources said on Friday, while two vessels carrying ...
The vault of Syria's central bank holds nearly 26 tons of gold, the same amount it had at the start of its bloody civil war in 2011, even after the chaotic fall of Bashar al-Assad's despotic ...
It was stable, the economy was working better (than the rest of Syria) and even the type of authoritarianism was nothing compared to Assad’s family,” Drevon said. But there were exceptions.
DAMASCUS (Reuters) -Syria's new interim prime minister said he aimed to bring back millions of Syrian refugees, protect all citizens and provide basic services but acknowledged it would be ...