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TR🏛️ PoliticsCenter8 hr. ago

IMF forecasts double-digit growth for Syria in 2026

The International Monetary Fund (IMF) reported that Syria's economy is projected to experience double-digit growth in 2026, driven by recovery in agriculture, energy production, trade, and services. This recovery, which began in 2025, was fueled by improved consumer and investor confidence following a government change, the return of approximately 1.5 million refugees, and Syria's reintegration into regional and global economies. While agricultural output has rebounded due to better rainfall, challenges remain, including persistent poverty, uneven regional growth, and high inflation. The IMF noted that inflation, which had slowed to low double-digit levels in 2025, has risen again due to increased import costs, domestic demand, and public-sector wages. It warned that sustained growth depends on maintaining sound fiscal and monetary policies. The IMF also highlighted ongoing issues such as a dysfunctional banking system and limited policy tools, and outlined a technical assistance program aimed at improving public finance management, revenue collection, and economic data quality.

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Hurriyet Daily News logoHurriyet Daily NewsParty-alignedCenter8 hr. ago
IMF forecasts double-digit growth for Syria in 2026

The International Monetary Fund (IMF) reported that Syria's economy is projected to experience double-digit growth in 2026, driven by recovery in agriculture, energy production, trade, and services. This recovery, which began in 2025, was fueled by improved consumer and investor confidence following a government change, the return of approximately 1.5 million refugees, and Syria's reintegration into regional and global economies. While agricultural output has rebounded due to better rainfall, challenges remain, including persistent poverty, uneven regional growth, and high inflation. The IMF noted that inflation, which had slowed to low double-digit levels in 2025, has risen again due to increased import costs, domestic demand, and public-sector wages. It warned that sustained growth depends on maintaining sound fiscal and monetary policies. The IMF also highlighted ongoing issues such as a dysfunctional banking system and limited policy tools, and outlined a technical assistance program aimed at improving public finance management, revenue collection, and economic data quality.

Bias read (Center): The article presents an objective analysis of Syria's economic forecast based on IMF assessments, without overtly favoring any political ideology. While the report highlights positive economic indicators, it also acknowledges significant challenges such as poverty, inflation, and institutional ineff

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