IMF forecasts over 10% Syria growth

The International Monetary Fund praised the rapid recovery of the Syrian economy, predicting that it will grow to a double-digit rate (10% or more) during 2026. This growth is supported by improvements in agriculture, oil and gas production, increased electricity supplies, and expansion in trade and services. However, the recovery remains uneven across regions, and the economy faces challenges including high inflation and a deteriorating banking sector that suffers from performance imbalances and difficulties in financing economic activities. The Fund also noted that the Syrian government is seeking to increase revenues and reduce spending. It emphasized the need for banking sector reforms and enhanced financial confidence. Additionally, it called for strong international financial support for reconstruction, with estimated damages amounting to approximately $216 billion.

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