Essayer OR - Gratuit
Syria Looks To Pick Up The Pieces Of Its Shattered Economy
Mint Hyderabad
|December 31, 2024
The correct Lead is not extracted
Country of more than 20 million people are understaffed and short on experience, having governed only a single province before finding themselves in charge.
New government officials from HTS are sharing offices with some low and midlevel staffers from the Assad era, as they learn how to handle large-scale bureaucracy.
Before the civil war, which began in 2011, Syria was a fast-growing, lower-middle-income country with virtually no extreme poverty, according to the World Bank.
Poverty has since crippled much of the country. Roughly 75% of the population is estimated to be living on less than $3.65 per person a day, according to the World Bank, and 33% on less than $2.15, which is considered extreme poverty.
Fuel shortages, which have led to frequent blackouts, are a major challenge. Syria was once a net oil exporter—earning $3 billion to $5 billion a year, nearly half its export revenue—via sales mainly to Europe. That came apart after 2011, when the Assad regime began a bloody campaign to stay in power following protests against its rule. Sanctions cut into sales, and the regime lost control of many oil fields during the civil war.
Iran, a close partner of the Assad regime, helped fill the gap but halted oil shipments after the rebels took over. Along the border crossing between Syria and Lebanon, dozens of people could be seen smuggling canisters of gasoline.
Meanwhile, HTS doesn't control Syria's northeast, home to the bulk of the country's oil reserves, which is held by the Kurdish-led Syrian Democratic Forces.
Cette histoire est tirée de l'édition December 31, 2024 de Mint Hyderabad.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Hyderabad
Mint Hyderabad
When street dogs, cats bring the office closer
When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose
4 mins
September 15, 2025
Mint Hyderabad
US, Chinese officials hold talks in Spain
US and Chinese officials began talks in Madrid on Sunday on their strained trade ties, a looming divestiture deadline for Chinese short video app TikTok and Washington's demands that its allies place tariffs on China over its purchases of Russian oil.
1 min
September 15, 2025
Mint Hyderabad
Will We Disprove Yes Minister With Pension Reforms?
In Yes Minister, a TV satire on British politics, Sir Humphrey often stymied urgent reforms by setting up ‘interdepartmental committees.’
3 mins
September 15, 2025
Mint Hyderabad
It's Clear That Gamblers Should Pay More Taxes Than Investors
Investing aids the economy but gambling is simply consumption
3 mins
September 15, 2025
Mint Hyderabad
Q-comm gaming the grocery run
Platforms are leaning on gamification for marketing & retention
2 mins
September 15, 2025
Mint Hyderabad
Why Meme Marketers Hate Congratulations
With more budgets moving to influencer and meme marketing, it's sometimes hard to tell what is an ad and what isn't
4 mins
September 15, 2025
Mint Hyderabad
SonyLIV rolls with duel despite outrage
The broadcaster, streaming Asia Cup for first time, is sure of adding viewers, boosting revenue despite Indo-Pak tensions
2 mins
September 15, 2025
Mint Hyderabad
Govt alert on Cairo pharma payments
The Indian embassy in Cairo has issued a cautionary trade advisory to all Indian pharmaceutical exporters regarding Biomed For Pharmaceutical Industries, an Egyptian firm.
1 min
September 15, 2025
Mint Hyderabad
Digital loans against MFs are fast, but here's what you should know
Do not max out the LTV ratio, do not use it for long-term funding, and keep a watch on market volatility
5 mins
September 15, 2025
Mint Hyderabad
To curb smokeless tobacco use, India targets 100 high-burden districts
Consumption of smokeless tobacco, a leading cause for cancer, remains one of India's biggest public health challenges, with more than one in five people using such products.
2 mins
September 15, 2025
Listen
Translate
Change font size