
country of more than 20 million people are understaffed and short on experience, having governed only a single province before finding themselves in charge.
New government officials from HTS are sharing offices with some low and midlevel staffers from the Assad era, as they learn how to handle large-scale bureaucracy.
Before the civil war, which began in 2011, Syria was a fast-growing, lower-middle-income country with virtually no extreme poverty, according to the World Bank.
Poverty has since crippled much of the country. Roughly 75% of the population is estimated to be living on less than $3.65 per person a day, according to the World Bank, and 33% on less than $2.15, which is considered extreme poverty.
Fuel shortages, which have led to frequent blackouts, are a major challenge. Syria was once a net oil exporter—earning $3 billion to $5 billion a year, nearly half its export revenue—via sales mainly to Europe. That came apart after 2011, when the Assad regime began a bloody campaign to stay in power following protests against its rule. Sanctions cut into sales, and the regime lost control of many oil fields during the civil war.
Iran, a close partner of the Assad regime, helped fill the gap but halted oil shipments after the rebels took over. Along the border crossing between Syria and Lebanon, dozens of people could be seen smuggling in canisters of gasoline.
Meanwhile, HTS doesn't control Syria's northeast, home to the bulk of the country's oil reserves, which is held by the Kurdish-led Syrian Democratic Forces.
Bu hikaye Mint Mumbai dergisinin December 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin December 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
The markets challenged her—she mastered it
You don't really need a finance degree to excel in the stock market—ask Sapna Shaligram.
Demand slowdown hurts auto sales in February: Fada
Automotive sales declined 7% year-on-year in February to 1,899,196 units, hurt by an over 6% fall in two-wheeler purchases to 1,353,280 units, Federation of Automobile Dealers Association (Fada) data showed on Thursday.
RBI Seeks Tighter Gold Loan Checks
The Reserve Bank of India (RBI) plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.
India's tax authorities should make peace with its taxpayers
The relationship remains uneasy and this is crying out for reform
Improved growth rate gives govt extra fiscal headroom
Revision in FY25 economic growth to 9.9% allows Centre to have slightly larger fiscal deficit
CorporatEdge bags ₹100 cr equity fund
CorporatEdge, which provides flexible workspaces to companies, has raised ₹100 crore from private equity firm Carpediem Capital for expansion of its business.
Stock market pandemonium: will history repeat itself?
Reversal now?
Govt gives aid to 12 mn TB patients
The government has disbursed ₹3,649 crore to 12.4 million tuberculosis (TB) patients to help them with a nutritional diet, key to treating the disease, according to the health ministry official overseeing India's TB control efforts.
NCLAT issues notice to Ambuja
The National Company Law Appellate Tribunal (NCLAT) has issued a notice to Ambuja Cements Ltd (ACL), an entity of the Adani Group, in response to a plea filed by Alok Sanghi, the former promoter of Sanghi Industries Ltd, which is now a subsidiary of ACL.
RE sector hit by weak demand, cancelled projects
India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.