The role of the World Bank will be crucial in the estimated USD 180 billion reconstruction cost of Syria, Jim Yong Kim, the President of the Washington institution said.
Some 70 percent of the members of parliament “elected” last week in Syria are new entrants, reflecting the important change that has affected the powerbase of the Syrian regime.
The Court of Justice of the European Union has rejected the appeal by Tarif Al-Akhras, a leading Syrian businessman, to see his name removed from the European blacklist.
Syria posted a slight increase in its exports last year to USD 1.4 billion, according to a press report.
Salaries paid to civil servants represent the single most important budget expense item, according to the Syrian Prime Minister.
Japan has provided a new financial grant to the main opposition-managed fund dedicated to finance projects in rebel areas.
Barclays Bank has closed the bank accounts of prominent Syrian investor Wafic Said and of his various entities.
The Kurdish Democratic Union Party announced on Thursday 17 March the establishment of a federal region in northeast Syria in a meeting held in the oil rich town of Rumeilan.
According to recent data, Syrian investors now contribute to the set-up of more than 40 percent of all companies established by foreigners in Turkey.
The Syria Report is launching a new section called Library that will include hundreds of reference data and documents.
The cost of the war on Syria’s economy reached USD 275 billion by the end of 2015 and will almost double even in the event of an end to the conflict now, a report has found.
Syria’s average household budget has continued to increase exponentially last year, a recent study has found.
The main host destination for Syrian refugees in Turkey is the province of Hatay, i.e. the Sandjak of Alexandretta, Turkish data indicate.
Private investment fell sharply last year in Syria, after a relative respite in 2014, data from a government body indicate.
The Syrian President has issued a decree calling on parliamentary elections to be held on April 13.
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