Syrian Arab Republic: Selected Issues

August 9, 2006

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Syrian Arab Republic: Selected Issues, (USA: International Monetary Fund, 2006) accessed December 24, 2024

Summary

Syria faces two interrelated medium-term challenges posed by the prospective decline in its oil reserves. The recently approved five-year plan (FYP) laid down a comprehensive strategy to address these challenges. Syria’s public finances are headed for challenging times in the coming 10–15 years. Large fiscal deficits have marked the economic history of many developed and developing countries alike during the 1970s and 1980s, with damaging consequences to their economies. Although financial markets can help keep the deficit bias in check, market discipline has proved mostly inadequate.

Subject: Agricultural commodities, Commodities, Fiscal policy, Imports, International trade, Tariffs, Taxes, Value-added tax

Keywords: Agricultural commodities, B. fiscal policy framework, Cost, CR, Deficit bias, Global, Imports, ISCR, Middle East, Price, Spring fiscal policy bill, Tariffs, Textile, Textile export performance, Textile sector, Value-added tax

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/295
Stock No:

1SYREA2006002
ISBN:

9781451836301
ISSN:

1934-7685

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