
Macro - Country Economic Forecasts - Syrian Arab Republic
Description
Macro - Country Economic Forecasts - Syrian Arab Republic
We've lowered our estimate for Syria's GDP in 2024 by 0.5ppts to a 1.8% y/y contraction. The downward revision reflects inflation rates that continue to soar above expectations, persistent currency depreciation, spillovers from the wider regional conflict, and the regime's limited capacity to implement effective countermeasures to these.
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