Syria's prolonged conflict has decimated its economy, leading to rampant inflation and a collapsed currency. The newly formed transitional government is under pressure to implement reforms, attract foreign investment, and initiate reconstruction efforts. However, the ongoing international sanctions pose a significant barrier to progress. In a revealing interview, finance minister Mohammed Abazeed outlines the critical hurdles ahead and the administration's vision for an economic revival amid prevailing skepticism about sustainable recovery amid deep-rooted challenges.
The transitional government in Syria, faced with a devastated economy after years of conflict, aims for economic reforms and foreign investment to address the dire circumstances.
New finance minister Mohammed Abazeed discusses the enormous challenges Syria faces, including a collapsed currency and soaring inflation, when seeking true economic renewal.
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