Stabilizing Syria's Economy Requires International Support

Stabilising Syria’s political situation is increasingly being linked to the need to stabilise its battered economy, officials and analysts say. After more than a decade of civil conflict, the country’s gross domestic product has contracted by an estimated 60 percent, unemployment exceeds 50 percent, and the banking sector remains fragmented under sanctions and limited foreign exchange. The United Nations Development Programme and the World Bank have warned that without a coordinated influx of international aid and a clear framework for reconstruction, the economic decline could become entrenched, undermining any progress toward lasting peace.

In response, Syrian authorities and regional partners are urging the global community to create a safer investment climate, citing the removal of restrictive sanctions, guarantees for property rights, and transparent procurement processes as essential steps. Diplomatic talks scheduled for the upcoming International Economic Forum in Geneva are expected to address mechanisms for channeling donor funds, encouraging private sector participation, and establishing legal safeguards that could attract foreign investors. The consensus among stakeholders is that a concerted international effort is required to rebuild infrastructure, revive trade, and lay the groundwork for sustainable growth, thereby reinforcing the broader goal of stabilising Syria.