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Article: Syrian Real Estate: Local and Foreign Investors Showing Strong Interest
- Article from:
- Al Bawaba
- Article date:
- May 27, 2007
CopyrightCopyright 2007 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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As Syria's production of oil for exports dwindles, It's 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 international arena ...
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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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