Inflation, as well as sanctions and the loss of control over oil fields, are preventing Syria’s new authorities from rebuilding the Arab republic’s economy.
This is reported by The Wall Street Journal. According to the newspaper, Syria will need at least $400bn to rebuild.
It is noted that the new authorities plan to build a free market in Syria, as well as revitalise the oil industry and establish partnerships with other countries.
Earlier, the head of the new Syrian authorities Ahmed al-Sharaa said that Syria has strategic interests with Russia.