Syria has been facing unprecedented inflation over the past four years, attributed to political and economic factors such as the US economic blockade, control of key resources by foreign forces, and Lebanon’s economic crisis. Official data from different sources show varying inflation rates, with estimates reaching as high as 116% annually.
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The Syrian Center for Policy Research’s report indicates significant geographical disparities in inflation rates across different governorates, with essential services and basic needs experiencing the highest spikes. As the crisis persists, there is an urgent need for comprehensive measures to address the inflation challenges.
Key Points:
- Political and economic factors fueling inflation in Syria
- Discrepancies in official inflation data from different sources
- Geographical disparities in inflation rates across governorates
- Impact of inflation on basic needs and services
Translated and edited by The Syrian Observer – Responsibility for the information lies with the author.
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