Azour praises Syria's economic progress

Jihad Azour from the International Monetary Fund indicated that the Syrian economy continues to recover from the effects of war and destruction, with a noticeable improvement in economic performance in 2025 and even greater expansion in 2026, driven by increased agricultural and oil production, better electricity supplies, and higher spending and consumption, alongside the easing of sanctions. Syria faces significant challenges, including overdue payments and debts, as well as an unstable security situation. However, the initial steps toward economic reform and leveraging technical support and assistance from the Fund are placing the country on a path to recovery. The focus remains on building strong institutions and an effective legislative framework to attract investments and boost trade exchanges.

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