Syrian Arab Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

August 15, 2007

Preview Citation

Format: Chicago

Syrian Arab Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2007) accessed December 23, 2024

Summary

This 2007 Article IV Consultation highlights that over the past three years, Syria has recovered from a half decade of weak growth, notwithstanding an unsettled regional environment and a sharp drop in oil production. The economic recovery has gained momentum, benefiting from inflows from Iraqi refugees and abundant liquidity in the Gulf region. Private investment has strengthened owing to an improved business climate, and exports have made strong gains, particularly in some Arab markets. The near-term outlook for growth and inflation is favorable.

Subject: Balance of payments statistics, Banking, Commercial banks, Economic and financial statistics, Exchange rates, Financial institutions, Fiscal consolidation, Fiscal policy, Foreign exchange, Government debt management, Government finance statistics

Keywords: Balance of payments statistics, Central bank, Commercial banks, CR, Current account, Current account convertibility, Exchange rate, Exchange rates, Fiscal consolidation, Global, Government finance statistics, Investment regime, ISCR, Middle East, Reform agenda, Syria

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/288
Stock No:

1SYREA2007001
ISBN:

9781451836318
ISSN:

1934-7685

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