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Event On October 17th the Central Bank of Syria (CBS) partially reversed its decision to freeze the assets of a new group of businessmen. Analysis On October 7th the CBS [...]

Syria: Country outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The Syrian president, Bashar al-Assad, will remain in power and his regime will continue to control south, west, and central [...]

Land area 185,180 sq km Population 18.27m (2017 IMF) Main provinces Population in millions, 2010 (since the onset of the war, most of Syria's major cities have witnessed heavy fighting, [...]

Event On October 7th Fadhlallah Gharazeddin, a senior official in the State Planning Council, announced that the 2020 budget will include a severe cut in fuel subsidies. Analysis Mr Gharazeddin, [...]

Event Between September 1st and September 26th the Damascus Securities Exchange (DSE) index fell by 11.7%. Analysis On September 25th Abdel-Razzaq Qasim, the executive director of the DSE, was quoted [...]

Land area 185,180 sq km Population 18.27m (2017 IMF) Main provinces Population in millions, 2010 (since the onset of the war, most of Syria's major cities have witnessed heavy fighting, [...]

Event In the second week of September the parallel market exchange rate recovered strongly, reversing heavy losses that had caused the rate to depreciate to below the record low of [...]

Syria: Country Outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The Syrian president, Bashar al-Assad, will remain in power and his regime will continue to control the southern, western and [...]

Event On September 2nd the minister of Petroleum, Ali Ghanem, attended the signing ceremony for three oil and gas exploration agreements with two Russian firms-Velada and Mercury-for blocks in central [...]

Event At the end of August the Central Bureau of Statistics (CBS) released the consumer price index (CPI) data for the final seven months of 2018. Analysis The latest release [...]

Event On August 25th the parallel exchange rate reached S[pound]624:US$1, while the official rate remains at S[pound]436.5:US$1. Analysis The regime of the president, Bashar al-Assad, has been supporting the official [...]

Syria: Country Outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The Syrian president, Bashar al-Assad, will remain in power and his regime will continue to control the southern, western and [...]

Land area 185,180 sq km Population 18.27m (2017 IMF) Main provinces Population in millions, 2010 (since the onset of the war, most of Syria's major cities have witnessed heavy fighting, [...]

Event In late July the Ministry of Internal Trade and Consumer Protection issued a ruling forcing traders who have secured foreign exchange from official sources to sell a portion of [...]

Syria: Country Outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The Syrian president, Bashar al-Assad, will remain in power and his regime will continue to control the southern, western and [...]

Land area 185,180 sq km Population 18.27m (2017 IMF) Main provinces Population in millions, 2010 (since the onset of the war, most of Syria's major cities have witnessed heavy fighting, [...]

Event The Syrian Ministry of Petroleum announced that oil imports to the Banias oil refinery will pick up in July after damage from a June 22nd pipeline attack is repaired. [...]

Event The cost of buying US dollars on the parallel market rose above S[pound]600 in mid-June for the first time since a brief foreign-exchange crisis in mid-2016. Analysis The black-market [...]

Syria: Country Outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The regime will remain in power and firmly in control of much of the country, with jihadi and rebel groups [...]

Land area 185,180 sq km Population 18.27m (2017 IMF) Main provinces Population in millions, 2010 (since the onset of the war, most of Syria's major cities have witnessed heavy fighting, [...]

Event The government has recently placed orders for 600,000 tonnes of Russian wheat, despite indications that the 2019 harvest will reach 2.7m tonnes. Syria's current wheat requirement is about 2.5m [...]

Event Since the start of 2019 the black-market rate for the Syrian pound has depreciated by about 14%, from S[pound]500:US$1 to its current level of S[pound]572:US$1. The Central Bank of [...]

Event On May 5th an Iranian tanker delivered a cargo estimated to be 1m barrels of crude oil to the Banias terminal in Tartous province. The shipment is the first [...]

Event Delegates from Bharat Heavy Electricals Ltd (BHEL), the largest power generation company in India, visited the Syrian capital, Damascus, in early May to discuss the resumption of the Tishreen [...]