The IMF indicated that Syria requires substantial international support for economic recovery and humanitarian needs following years of conflict. The recent restoration of ties and easing of sanctions by various countries aims to initiate economic revitalization. During the IMF's first visit to Syria since 2009, discussions highlighted the severe economic challenges and the commitment of governmental financial departments. With many citizens living in poverty and significant loss of life, there is hope for investment and cooperation from regional powers as the nation seeks to rebuild its institutions and infrastructure.
Syria faces enormous challenges following years of conflict that caused immense human suffering and reduced its economy to a fraction of its former size.
While the years of conflict and displacement have weakened administrative capacity, staff at the finance ministry and central bank demonstrated strong commitment and solid understanding.
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