A boy holds up the flag of the Syrian revolution in Souq al Hamidiyya, Damascus on Dec. 11, 2024 (Credit: Mohammad Yassin/OLJ)
BEIRUT — Over a month ago, an Islamist rebel group coalition led by Hay’at Tahrir al-Sham (HTS) toppled Bachar al-Assad’s regime, putting an end to the 50-year-long dictatorship of the Assad family.While the European Union announced a potential lifting of sanctions on Monday, Syria stands “at a pivotal juncture after over a decade of conflict that has devastated the country’s economy, social fabric and governance structures,” stated a report published by the United Nations Economic and Social Commission for Western Asia (ESCWA) and the United Nations Conference on Trade and Development (UNCTAD) on Jan. 25.The report highlights projections for three different recovery scenarios. Watch also: Why is Syria still under international sanctions? With its economy devastated by the war, Syrian GDP had contracted by 64 percent since 2011,...
BEIRUT — Over a month ago, an Islamist rebel group coalition led by Hay’at Tahrir al-Sham (HTS) toppled Bachar al-Assad’s regime, putting an end to the 50-year-long dictatorship of the Assad family.While the European Union announced a potential lifting of sanctions on Monday, Syria stands “at a pivotal juncture after over a decade of conflict that has devastated the country’s economy, social fabric and governance structures,” stated a report published by the United Nations Economic and Social Commission for Western Asia (ESCWA) and the United Nations Conference on Trade and Development (UNCTAD) on Jan. 25.The report highlights projections for three different recovery scenarios. Watch also: Why is Syria still under international sanctions? With its economy devastated by the war, Syrian GDP had contracted by 64 percent...
