Syria's economy is growing much faster than the World Bank's 1% estimate for 2025, due to the flow of refugees back to the country after a 14-year civil war ended, aiding plans for the country to relaunch its currency, Syrian central bank governor AbdulKader Husrieh told Reuters NEXT on Thursday.
Abdul Kader AlHussrieh, Governor, Central Bank of Syria speaks via video link during the Reuters NEXT conference in New York City, U.S., December 4, 2025. Reuters/Brendan McDermid
Syria's economy is growing much faster than the World Bank's 1% estimate for 2025, due to the flow of refugees back to the country after a 14-year civil war ended, aiding plans for the country to relaunch its currency, Syrian central bank governor AbdulKader Husrieh told Reuters NEXT on Thursday.
Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data.
Reporting by Susan Heavey and David Lawder
Lebanon and Syria will in the coming months begin revising decades-old trade agreements to revive their economic relationship following the ouster of Syrian leader Bashar al-Assad in 2024, Lebanon's economy minister told Reuters on Thursday.
Syrian authorities said on Thursday they had foiled an attempt to smuggle advanced weapons and missiles across the border from Iraq, with state news agency SANA citing an Interior Ministry source as saying the shipment appeared destined for militant group Hezbollah.
The U.S. struck Iran's coastal defenses and missile sites on Wednesday after reimposing a naval blockade of its ports, while Iran threatened to shut off more regional energy exports, saying it was engaged in an "existential war" with America.
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