The Syrian government has revised upwards its estimate of the total cost of the war on the country’s infrastructure and public sector assets.
Syria’s customs revenues declined a further 10 percent in nominal terms last year, according to preliminary data.
The Syrian Investment Agency licensed last year 49 projects, most of which are located in safe areas of the country.
Pro-regime media outlets have published names of leading investors that reportedly owe their banks large sums of money.
Two Syrian investors were included in a list of the world’s richest Arabs.
The number of companies registered in the province of Tartous last year increased 54 percent on an annual basis, according to a state official.
Syria’s 2014 budget has been approved and will increase by only 5 percent in nominal terms.
In addition to the coastal area, the Suweida governorate is among the rare parts of Syria to witness some level of business activity.
Syria’s unemployment rate rose to 60 percent and its GDP declined by 45 percent compared to 2011, according to estimates from ESCWA.
The United Nations has requested $6.5 billion in funds to help it cope with the humanitarian situation of Syrian refugees and internally displaced persons.
Jordan has estimated that the cost of hosting Syrian refugees will increase to USD 2 billion by the end of this year.
The visit to Tehran last week by the Syrian Prime Minister and a government delegation drew little apparent economic results.
Syrian refugee households in Lebanon spend an average of USD 520 a month, according to the findings of a recent survey.
Government data have confirmed a dramatic plunge in Syria’s foreign trade in the last two years.
Almost 50 percent of all Syrian companies are located in the governorates of Aleppo, Damascus and Damascus Countryside, records from the Ministry of Economy show.
Damascus International Fairground
6th Damascus Insurance Forum
Four Seasons Hotel