Syria’s economy has hit its lowest point since the start of its civil war nearly 12 years ago, with spiraling inflation, a currency plunge and severe fuel shortages in both government-run and rebel-held areas. Life in Damascus has come to a near standstill. Streets are almost empty of cars, households receive a few hours a…
Syria’s economy has hit its lowest point since the start of its civil war nearly 12 years ago, with spiraling inflation, a currency plunge and severe fuel shortages in both government-run and rebel-held areas.
Every year, residents of makeshift displacement camps in the last rebel-held stronghold in the northwestern province of Idlib suffer through storms and freezing weather.This winter, they have also been hit by the economic crisis in neighboring Turkey, which controls large swaths of territory, as well as by rising prices and shrinking aid caused by the Ukraine war, analysts said.
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A slowdown in oil imports from Iran, a plunging currency and spiraling inflation means many can't afford to commute to work or buy basic goods surviving on remittances and aid