IMF Reports Faster Recovery in Syria
The International Monetary Fund has confirmed that Syria's economic recovery is accelerating, supported by improvements in the agricultural sector, expanded petroleum production, better electricity supplies, increased trade and service activities, and the return of around 1.5 million refugees out of more than six million who fled during the civil war. The economy is expected to grow by more than 10% in 2026, with improvements in public finances and high revenues. However, inflation increased significantly during 2026 due to rising import prices, domestic demand, and salary hikes in the public sector. Challenges remain substantial, particularly in meeting humanitarian and developmental needs, and Syria has yet to request support from the IMF, although any request would require restructuring external debt.
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