Reviving Syria’s Economy Is an Uphill Battle for Assad After Years of War

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Syrian President Bashar al-Assad has all but won a devastating nine-year war, but he faces a challenge to revive an economy devastated by war, shunned by foreign investors and strangled by Western sanctions. Now, the battered economy is suffering a fresh blow, The Wall Street Journal reported. A plunging currency has sent inflation soaring and kindled rare and risky demonstrations against the regime, with Syrians protesting sharp increases in the cost of food, medicine and transportation. “I cannot manage the situation of my family anymore,” said Um Muhammad, a 35-year-old mother of two who lives on the outskirts of the capital, Damascus, in a dilapidated apartment. “I’m really afraid of what the future holds for us.” Read more