Syrian Arab Republic: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Syrian Arab Republic
February 13, 2009
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The staff report for the 2008 Article IV Consultation of the Syrian Arab Republic on economic developments and policies is discussed. The impact of adverse global and regional developments currently under way on the Syrian economy is expected to be relatively moderate in the short term. The effects are likely to be through weakening FDI, remittances, and demand for Syrian exports from the Gulf region. The positive outlook is contingent on perseverance in advancing fiscal and structural reforms and an improvement in global conditions over the medium term.
Subject: Balance of payments statistics, Banking, Commodities, Credit, Economic and financial statistics, Expenditure, Government finance statistics, Money, National accounts, Oil
Keywords: Balance of payments statistics, CR, Credit, deficit, economy, economy's growth potential, exchange rate, foreign exchange receipts, Global, Government finance statistics, ISCR, liberalization program, Oil, reform priority, Syria, Syrian pound, Treasury bill auction
Pages:
45
Volume:
2009
DOI:
Issue:
055
Series:
Country Report No. 2009/055
Stock No:
1SYREA2009001
ISBN:
9781451836325
ISSN:
1934-7685
Notes
Full text also available in Arabic.
