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مواضيع ومقالات حول #Syrian Economy

| kassioun | Editorials

Kassioun Editorial 1291: Grand Corruption and Real Change

  In this context, a number of necessary conclusions need to be firmly established: First: Those who should be subject to “transitional justice” are not limited to those whose hands were directly stained with the blood of Syrians. They must also include those who plundered the fruits of Syrians’ labor for decades, contributed to pushing the country toward internal fighting, financed and incited…
| kassioun | Editorials
The above passage appeared in the political report presented to the second meeting, post conference, of the Central Council of the People’s…
| kassioun | Editorials
The danger of this agreement does not lie with Hamsho alone, but with the overall mindset through which political and economic affairs in t…
| kassioun | Editorials
However, on November 17, the IMF issued a press statement revealing that a team from the IMF had visited Damascus between the 10 and 13 Nov…

Syrian Economy

Nov 16, 2025
To understand the implications, we must pause at the current coordinates. Over the past 15 years, around 40 trillion Syrian pounds have been printed. The quantities printed before 2011 far exceed this figure, though the exact amount remains difficult to determine due to the historical lack of transparency in the country. At the same time, the total cash deposited in banks does not exceed 3 trilli…

Nov 2, 2025
Any step of this kind, taken before finding an actual solution to the problem of low wages and the weak purchasing power of Syrians, can only be described as a new gamble with the already fragile social stability in Syria. When the cost of electricity during a single billing cycle exceeds the official minimum wage, it simply means that electricity is no longer a public service, but rather a commo…

Feb 23, 2025
The mission of saving the Syrian people from the scourge of poverty and hunger is an extremely urgent mission, and at the same time it is the main gateway to determining Syria’s future economic face in the strategic sense, that is, the identity, nature, and objectives of its economy. The mandatory starting point for relaunching the national economy and then for reconstruction is the reality we a…

Apr 24, 2023
As a reminder, starting from issue No. 1036, Kassioun has adopted a specific method in calculating the minimum of wages for the Syrian family of five people. The method consists in calculating the minimum costs of the necessary food basket (according to the daily need of an individual to about 2400 calories from various food sources. For this purpose, Kassioun relied on calculating the basic need…

Sep 20, 2022
The state of economic deterioration in Syria does not need proof, as more than half of the Syrian population has been displaced inside and outside the country, and hundreds of thousands (if not millions) of Syrians are added to the poverty indicators every year, in light of their increasing lack of food, health services, education and work, parallel with consecutive waves of economic inflation, a…

Jul 29, 2022
Since the outbreak of the crisis in 2011, the minimum wage has witnessed several increases throughout the years. However, these increases have always hidden behind them a real decline in the value of the actual wage earned by the Syrian worker. To measure this decline, we will resort in this article to estimating the minimum wage in the country during the years based on what the wage actually buy…