Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's finance minister and central bank governor met two US Treasury officials on the sidelines of the IMF and World Bank annual meetings in Bangkok on 14 October 2026, discussing banking reform, financial integrity, and anti-money-laundering standards.
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A build-operate-transfer agreement will have a private investor rehabilitate and run six state flour mills with a combined capacity of 3,000 tons a day, a step toward restoring Syria's war-damaged milling capacity.
Read More →The Netherlands will contribute 15 million euros by the end of 2026 to a new World Bank fund for rebuilding Syria's infrastructure and economy, with agriculture a priority, as Norway offered a matching pledge.
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Syria will move into the International Monetary Fund's Arab constituency on 1 November 2026, ending membership in the Russian-led group it had belonged to since 2012, as finance officials pressed reintegration talks at the fund's annual meetings in Bangkok.
Read More →The Kuwait Fund for Arab Economic Development said it is ready to resume cooperation with Syria and help finance reconstruction, proposing a joint team to review past projects and weigh new ones.
Read More →Cotton planting in Deir ez-Zor governorate has fallen 50 to 60 percent this season, with about 10,000 dunums sown against a planned 84,636, as farmers say fuel and labor costs now exceed what the crop earns.
Read More →Syria took in about 2.7 million tonnes of wheat this season, exceeding annual needs and lifting reserves to roughly 3.5 million tonnes, as the state halted purchases and set the bread subsidy at 72 percent.
Read More →The foundation stone was laid for a cement plant in Ain Issa, in northern Raqqa, built with a Chinese partner. It is designed to produce more than 6,000 tons of cement a day within about two and a half years and to employ some 800 workers.
Read More →A technical investigation found that gasoline failing national standards mixed with compliant fuel and reached the market, damaging vehicles. The energy ministry ordered a staged compensation scheme and legal action over the October 2026 incident.
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Syria's finance minister and central bank governor met the IMF, World Bank Group and Islamic Development Bank in Bangkok, seeking to settle arrears, resume infrastructure lending and secure concessional financing as Damascus rejoins the multilateral financial system.
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