Syria’s Economy: Modest Growth Predicted for 2025 Amid Sanctions Challenges
The World Bank announced on Monday that Syria’s Gross Domestic Product (GDP) is projected to see modest growth of 1% in 2025. This comes after an estimated contraction of 1.5% in 2024.
Despite some potential upside from eased sanctions, the World Bank noted that progress is still limited. The ongoing challenges of frozen assets and restricted access to international banking continue to impede crucial areas such as energy supply, foreign assistance, humanitarian support, and vital trade and investment, as stated in their report.
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