A big rise in spending in nominal terms says much more about the collapse of the pound than government spending power, as it continues to drop subsidies, including on fuel, deepening poverty rates
Economic reform is key to the future of a region which needs to diversify away from dependency on oil, or a reliance on international funding. There has been both resistance and progress so far.
A new report highlights how the damage caused by the quake ate up a third of Syria's national 2022 GDP. Also, 6,392 people were killed and 170,000 displaced in the catastrophe.
Turkey has been forcing people for almost a year now to trade using its local currency in different Syrian regions that lie on its southern border and are under its army’s control. Likewise, these…
After the euphoria of liberation has worn off, Syrians are now confronted with the daunting task of a country ripped apart by a decade-long war. It will be a long road, but people are hopeful.
Uncle Zezo, Uncle Mickey, and Dr Alloush perform in displacement shelters and hospitals, striving to restore fragments of a joy last felt in 2023. Al Majalla meets them.