CORRECTED-REUTERS NEXT-Syria's growth accelerates as sanctions ease, refugees return, central bank chief says ...Middle East

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CORRECTED-REUTERS NEXT-Syrias growth accelerates as sanctions ease, refugees return, central bank chief says
source : Devdiscourse ( Middle East ) () 109
Syria's economy is growing much faster than the World Bank's 1% estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of its currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh said on Thursday. Speaking via video link at the Reuters NEXT conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence. The Syrian central bank chief, who is helping guide the war-torn country's reintegration into the global economy after the fall of Bashar al-Assad's regime about a year ago, described the repeal of many U.S. sanctions against Syria as "a miracle."

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