Syria’s economy is severely constrained by sanctions, with citizens expressing frustration over limited access to cash. The recent end of the civil war did not bring relief, as the government struggles to address economic challenges. Sectarian tensions remain under the new leadership, complicating efforts to stabilize the country.
The Syrian economy remains in dire straits, significantly hindered by ongoing sanctions. Citizens are experiencing profound distress, especially in Damascus, where queues at cashpoint machines have become a common sight. Frustration has reached a boiling point, as many individuals are unable to access sufficient funds for basic needs, resulting in public altercations. With the commencement of Ramadan, the discontent grows, highlighting the government’s failure to revitalize the economy in the wake of the civil war’s conclusion.
Even though Bashar al-Assad has been displaced from power, sectarian tensions persist under the new leadership. The ruling authorities grapple with the challenge of balancing the desires of minority groups while maintaining support from jihadist factions. The recent shift in governance has not translated into economic relief or stability for the populace, leaving citizens disillusioned. They remain hopeful that sanctions will ultimately be lifted, heralding a potential turnaround for Syria’s battered economy.
In summary, Syria’s economy is currently incapacitated by sanctions and mismanagement, leaving its citizens in a critical situation. The desire for cash is intense, particularly during communal periods like Ramadan, yet frustration mounts as the government’s efforts remain insufficient. As Syria navigates its transition of power, overcoming sectarian divides and rekindling the economy will be paramount to restoring hope among the populace.
Original Source: www.economist.com
