The Deputy Governor of the Central Bank of Syria, Maha Abdel Rahman, announced that the annual inflation rate in Syria reached 122% last April. During an interview with the pro-regime Sama channel on Sunday, May 26, Abdel Rahman stated that the inflation rate is very high, attributing this increase to international factors and Western sanctions imposed on the Syrian regime, in addition to the spread of smuggling across uncontrolled borders with neighboring countries. Regarding local factors, Abdel Rahman pointed out that the main reasons in this context include weak production, a trade balance deficit, as well as the deficit financing that the regime’s government has been resorting to for ye
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