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.
The closure of the Damascus-Homs highway by the Syrian opposition is leading to fuel shortages in the Syrian capital.
The Ministry of Economy has announced a new set of price controls on various consumer products.
Syria’s Democratic Union Party, or PYD according to its Kurdish acronym, a hardline Kurdish group, announced the formation of a transitional civil authority in the majority Kurdish areas of Syria.
Syria’s main opposition group, the National Coalition, announced last week the formation of a government to administer the parts of Syria that are no more under regime control, putting the country in the awkward situation of having, formally, two governments.
Data from the Syrian Investment Agency, and other anecdotal evidence, indicate that there has been an increase in recent weeks in the number of investment projects established in the coastal area.
The Syrian President has sacked Qadri Jamil, the deputy prime minister in charge of economic affairs.
The Syrian Government has prepared a draft law to increase sharply consular fees for the renewal of passports.
Syrian investments in Jordan are rising sharply according to estimates from the Jordanian Ministry of Economy.
Syria’s uprising and war is estimated to have cost its economy some USD 100 billion by the first half of this year, according to a recent report.
Syria: Progress & Potential
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City View 2011 - Damascus
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