Latest economic and financial news about Syria, currency markets, and regional economy updates.
Arab delegations backed Syria's bid to rejoin the International Olive Council at a meeting concluded on 1 July 2026 in Lisbon, as officials work to finalize the legal procedures for membership and widen olive-oil export opportunities.
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Syria disbursed July pensions for 572,564 retirees and beneficiaries with increases of at least 30 percent under Decree 135, allocating about 6.32 billion Syrian pounds, with more than four in ten recipients gaining raises between 50 and 67 percent.
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The Central Bank of Syria reopened its branch in Hasakah on 2 July 2026 after more than 18 months, moving to open government accounts for salary payments and to begin exchanging old currency next month.
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Syria's Finance Ministry said it is working with an International Monetary Fund mission to build a medium-term public finance framework and macroeconomic forecasting tools, and to prepare the country's 2027 state budget.
Read More →Syrian marketing centers received 1,244,682 tons of wheat in June 2026, with Al-Hasakah supplying 42 percent and four northern governorates accounting for 82 percent of the total.
Read More →Syria's investment authority declared on 2 July 2026 that it alone may license and organize real estate development, citing Law No. 18 of 2021 and Decree 114 of 2025 and barring unauthorized projects.
Read More →Syria's energy ministry has begun preparing work sites for two new power plants in Deir ez-Zor and northern Aleppo, including a 750-megawatt thermal station, following a May 2026 investment memorandum.
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The head of the road transport authority unveiled a plan on 1 July 2026 to rehabilitate five major international road corridors stretching from the Nasib crossing on the Jordanian border to Deir ez-Zor, with segment timelines of 400 to 900 days.
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The Central Bank of Syria reopened its Idlib branch on 1 July 2026 after a decade-long closure, pledging to phase the Turkish lira out of local circulation and steer transactions back to the Syrian pound.
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Syria's Finance Ministry issued updated instructions for a consumer spending levy dating to 2015, saying they add no new tax but standardize how the charge applies to local and imported goods. The levy took effect in June after years of partial enforcement.
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