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May 2025
Ringing the Alarm Bells: Syria May Be Facing Its Worst Drought in Decades
Rainfall in the first quarter of 2025 was the lowest since 1997, signaling a potential catastrophic drought. The implications for food security, livelihoods, and cholera outbreaks are dire, especially amid declining foreign aid.
May 2025
Signs of Shifting Compositions in Company Registrations
Since the fall of Assad, Syria has registered 97 new companies, primarily small LLCs in non-productive sectors like trade. Foreign participation is increasing, with notable changes in nationality composition
May 2025
Taxes in Syria, Episode Two: Achieving Social Equity through Direct Taxation
Direct taxes have declined sharply as Syria’s tax base eroded, while regressive fees surged, burdening the poor. Reform is urgent to create a fairer system, broaden revenue, and restore legitimacy in the post-Assad era.
May 2025
Trapped Funds: The Fate of Syrian Deposits in Lebanese Banks
Billions in Syrian assets remain stuck in Lebanon’s collapsed banking system, depriving Syria of crucial reconstruction funds, with no path to recovery in sight.
May 2025
External Contribution: Aaron Zelin, Senior Fellow at the Washington Institute for Near East Policy
The Islamic State and al-Qaeda remain weakened but not eliminated; Damascus has thwarted several attacks since Assad’s fall. The government’s performance in counterterrorism will shape international engagement and Syria’s security trajectory.
May 2025
Interview: Karam Bechara, General Manager at Shahba Bank (former Byblos Bank Syria)
Syria’s banks are compliant and ready to reconnect internationally, but recovery hinges on lifting sanctions, Central Bank independence, and rebuilding trust with local and foreign stakeholders.
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