Mar 20 β€’ 05:00 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

Syria's budget increases to $10.5 billion in 2026

Syria's budget is set to reach $10.5 billion in 2026, marking a fivefold increase compared to 2024, according to President Ahmad al-Shara.

Syria's budget is slated to rise to $10.5 billion in 2026, representing a significant increase of nearly five times the budget from 2024. This announcement was made by Syrian President Ahmad al-Shara, who also projected the country's Gross Domestic Product (GDP) for the current year to reach between $50 billion to $60 billion, returning to levels not seen since 2010. The increased budget reflects a governmental effort to address the economic challenges faced by the country following years of conflict and instability.

In the statements made following Eid al-Fitr greetings at the Presidential Palace in Damascus, President al-Shara noted that government spending was $2 billion in 2024, which subsequently rose to $3.5 billion in 2025. This increase is associated with an estimated growth in GDP by 30-35%, reaching around $32 billion. Notably, the country reportedly recorded its first budget surplus during this period, indicating some positive trends in the economic landscape.

The government has outlined spending priorities that focus on critical areas including addressing the needs of displaced populations in camps and facilitating their return to towns and villages devastated by the previous regime. Efforts are underway to rehabilitate infrastructure in impacted areas, especially in rural regions such as Idlib, Aleppo, northern Hama, and northern Latakia, along with parts of Eastern Ghouta, Daraa, and Deir ez-Zor. This reallocation of resources demonstrates a shift towards rebuilding and recovery in post-war Syria.

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