Business

04.12.2025

Syrian Economy Growth and Currency Developments

Illustration for: Syrian Economy Growth and Currency Developments

Exclusivity considered that “the World Bank’s estimation of 1% growth for the Syrian economy does not reflect the true potential of the economy.” It confirmed a “significant decline in inflation rates,” noting “expectations of the imminent repeal of the US Caesar Act,” according to Western media. It added that “the new Syrian currency will consist of 8 denominations,” highlighting “meetings with Visa as part of a plan to launch new digital payment systems in collaboration with MasterCard.” Exclusivity pointed out that “since April 2025, the bank has been in talks with the International Monetary Fund and the World Bank, covering the strategy for currency development, payment systems, monetary policy, financial stability, and public finance,” confirming that “the IMF will provide technical support in several initiatives, without reaching a full program between the two sides so far.”