Updated
Updated · Syrian Arab News Agency · Jul 13
Syria Unveils 5-Year Finance Reform Plan With 156 Initiatives to Attract Investment
Updated
Updated · Syrian Arab News Agency · Jul 13

Syria Unveils 5-Year Finance Reform Plan With 156 Initiatives to Attract Investment

2 articles · Updated · Syrian Arab News Agency · Jul 13

Summary

  • Finance Minister Mohammed Yisr Barnieh said Syria will shift its Finance Ministry from tax collection toward development and business partnership under a five-year reform strategy.
  • The plan sets 20 objectives and 156 initiatives across fiscal policy, financial-sector regulation and private-sector support, with performance indicators, transparency and accountability built into implementation.
  • Barnieh also said the ministry is overhauling Syria’s financial legal framework and plans to send 33 draft laws and legislative decrees to the People’s Assembly.
  • Damascus hosted the First Syrian-American Business Forum, where Syrian and U.S. officials, investors and business leaders discussed expanding trade, investment and private-sector cooperation.

Insights

Can U.S. firms catch up to rivals already securing major deals in Syria's new economy?
Is Syria's economic rebirth built on a stable foundation, or could political fragility cause it all to collapse?
Can Syria's ambitious reforms rescue the 80% of its population now living below the poverty line?