News

30-11-2021
The economic crisis in Northwest Syria has been hit hard by Turkey’s economic crisis, in addition to the chronic crises already afflicting the country. The purchasing power of residents is at its lowest levels, sparking mass protests and prompting the leader of Hayat Tahrir Al-Sham, Abu Mohammad Al-Jolani, to meet with the Syrian Salvation Government's Shura Council to review the financial and bread crises.
30-11-2021
On November 24, the U.S. Department of the Treasury’s Office of Foreign Assets Control expanded authorisations for nongovernmental organisations to engage in certain activities and transactions in Syria. The amended general licence authorises NGOs to expand their scope of activity and deal with U.S. financial institutions.
30-11-2021
Last month, the Arab Federation of Arab Cities and Industrial Zones, which is affiliated with the Council of Arab Economic Unity, itself one of the organisations of the Arab League, held its first-ever economic conference in Damascus. Meanwhile, the United Arab Emirates, spearheading Arab rapprochement, has encouraged other countries in the region to follow suit.
30-11-2021
Commercial traffic across the Nassib-Jaber border crossing has improved after cross-border operations resumed in September. Meanwhile, local media in Syria have reported that revenues for the Syrian side of the crossing reached SYP 84 billion since the beginning of the year, a figure that should be taken with caution. 
23-11-2021
The Autonomous Administration in North and East Syria recently announced that its 2022 budget is forecasted to be 60 percent higher than this year’s budget, making it the highest budget since the administration was founded. However, because of the lack of transparency, budget figures should be taken with caution.
23-11-2021
The Syrian government is arranging to import hundreds of cows from Iran, according to the Damascus Chamber of Agriculture. The plan further confirms shortages in the country, whose livestock sector was self-sufficient prior to the conflict.
09-11-2021
The opposition-affiliated Syria Recovery Trust Fund has partnered with the United Nations Development Programme for the first time, announcing a joint project to support the rehabilitation of a pumping station and related channels in Raqqa.