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Article: Syrian real estate: Local and foreign investors showing strong interest.
- Article from:
- Middle East
- Article date:
- May 28, 2007
CopyrightCOPYRIGHT 2007 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As Syria's production of oil for exports dwindles, Its trade deficit will continue to rise. High world oil prices helped offset part of the large non-oil budget deficit, but this scenario will change once oil reserves are depleted and Syria transfers into a net oil importer as forecasted by the IMF. Syria currently runs a current account deficit and it is estimated that it will increases in the coming years. With its estimated US$4.4bn foreign reserves, as per IMF reports, it is well positioned to cover the deficits. To lift the pressure off its oil sector, and to achieve a balance to its external as well as internal accounts, Syria needs to open up its economy to the ...
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Article: Syria's impatience is leading to mistakes.
The Daily Star (Beirut, Lebanon);
December 27, 2007 ;
700+ words
... ... behavior, commentary, or policy counsel on Syria in the past two years has been the extent ... behavior, commentary, or policy counsel on Syria in the past two years has been the extent ... Hariri. The killings have continued, Syria's efforts to return to Lebanon have escalated ...
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