مواضيع ومقالات حول #Syrian Economy

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 November to assess the economic situation, and that an agreement had been reached with the Syrian authorities on “an intensive cooperation program for the coming phase”, including paving the way for the resumption of Article IV consultations—the annual reviews th…

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…

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…

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…

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…

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…