Tag Archives: IMF

Syria economy faces ‘significant’ contraction: IMF

Syria’s economy is expected to contract significantly in 2012 due to 14 months of violence and sanctions, a top official at the International Monetary Fund said on Wednesday. “We do expect contraction in GDP (Gross Domestic Product) this year,” the … Continue reading

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Syrian Elite Smuggle Out Billions, New Report Finds

By Christopher Matthews As Syria teeters on the edge of revolution, the ruling elite are likely diverting millions in illicit capital out of the country, according to a forthcoming report by Global Financial Integrity. The report, titled “Illicit Financial Flows … Continue reading

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