The exchange rate and the levels of prices have been relatively stabilized for two months in a row. It is something worth monitoring in the situation of Syria, after the deteriorated pace of the Syrian pound has accelerated since the end of 2018, and reached its peak in the first three months of 2020 and of the current year. So, is this current stability permanent? And what do warlords have to do with it?
On May 19, Law No.18 of 2021 called “the New Investment Law” was issued, which is the third “general” legislation for investment after Law No.10 of 1991, and Decree No.8 of 2007.
For the second consecutive year, Turkey reduces the water level of Euphrates river, in this time of the year, resulting in the amounts of water flow across the river reduced by 40% of what was agreed upon in the last understanding between Turkey and Syria. Confining water and reducing its level have become frequent, but their impact and effect vary from one year to another according to the level of rainfall abundance. The country is left without comprehensive water management for decades which is disproportionate with the rapid water deterioration of Syria.
