Syrian President Ahmed Al -Sharaa announced last Saturday – the first transitional government in the country after the overthrow of the Bashar al -Assad regime in December last year, and it includes 23 ministers of various religious and ethnic backgrounds.
The newer government aims to lead the country during a 5 -year transitional period, as well as rebuilding public institutions and enhancing stability with a focus on totalitarianism and transparency.
The new government faces complex files and challenges in the economic field, especially the file of infrastructure deterioration, continuous international sanctions, and recovering the country’s economy from deterioration, poverty and unemployment.
100 days of performance
The constitutional declaration, which was approved by Syrian President Ahmed Al -Shara, set the period of the country’s transitional period for 5 years, a period in which the new government is likely to manage the country.
The declared time of the government would give it stability and the ability to develop medium and long -term strategic plans, in a manner that ensures progress at the level of all sectors, according to experts.
In this context, the expert in strategic management, Dr. Abdul Rahman Al -Jamous, says in a statement to Al -Jazeera Net that this government is supposed to be granted the 100 days, that is, slightly over 3 months, as is the case in other countries, to evaluate its performance in the service sectors that touch the lives of citizens, and to know the economic plan pursued by the state.
The buffalo indicates that for the first time, the head of the state (the president of the republic) will be the first in front of the ministries’ work with their success and failure, which means that he bears all the consequences of failure and success, which is calculated for him.
The buffalo believes that the responsibility that Sharia held in itself “a tremendous development of political transparency standards, because it ends the game of distributing failure horizontally to the ministers, and introduces us in the time of the vertical accountability that was absent from the time of the ousted regime.”
The buffalo emphasizes the importance of establishing a coherent administrative structure, capable of managing state institutions, in a way that paves the way to rebuild the country and achieve sustainable development.
https://www.youtube.com/watch?v=s1fjbtxj_k
International legitimacy
A report published by Al -Jazeera Net shows that the officially recognized governments have opportunities to conclude commercial and investment agreements, access to global markets, and enhance confidence in dealing with global economic institutions and countries.
The report indicates that international recognition of the new government is a supporter and a lifeline for the country’s economy, by working to encourage foreign investments and obtain financial loans from countries and financial institutions with reduced benefits.
The international legitimacy of the government allows it to have the opportunity to sign international agreements of economic affairs regarding import and export operations, enhance foreign trade, and join international economic organizations.
The report indicates that by filling in the political, legislative and legal void in Syria, the government can enact laws, procedures and reforms that encourage foreign and local investments in sectors such as infrastructure, agriculture, energy and manufacturing industries.
In this context, the consultant in the Syrian economy, Dr. Osama Al -Qadi, stresses the importance of the government to prioritize the laws and procedures that encourage the investment process in Syria.
It indicates that international acceptance in cooperation with the Syrian transitional government is one of the important positive indicators that will have extremely important political and economic repercussions on the country.
Private sector support
Syrian Minister of Economy Mohamed Nidal Al -Shaar explained at the government announcement meeting that the ministry’s plan will focus on encouraging small and medium enterprises.
In the context, the main researcher at the Bridges Center for Studies, Khaled Al -Turkawi, stresses the importance of encouraging private sector investment in the media, transportation, tourism, energy and textile industries, and pointed out that the private sector constituted more than 50% of the gross domestic product of Syria.
Al -Turkawi stressed the need not to wait for external support, and focus on strategic plans capable of rehabilitating Syria through small and medium industries that are usually within the scope of the private sector’s interest.
It indicates the importance of stimulating the private sector by empowering small and medium -sized companies and entrepreneurship to support the local economy, localize industries, diversify the economy and create job opportunities.
For his part, economic advisor Osama Al -Qadi says that the economic situation in Syria does not encourage the state’s interference in the economic and productive process, calling for support and facilitating the work of the private sector, which creates job opportunities and speeds up the rotation of the economic wheel in the country.
A study published on the Amran Center for Studies Specialized in the Syrian issue recommended focusing on investment activities capable of generating economic complications, as the recovery of local economies is linked to the ability of different sectors to build an economic environment that achieves the integration of small events with those large, to form national valuable chains capable of linking segmented local economies.
https://www.youtube.com/watch?v=z7y21udg4wq
Priorities for recovery
The study recommended points that in the event that it was dealt with efficiently and effectively, to contribute to the stage of recovery and economic recovery in Syria, including:
- Recovering monetary stability and reforming the financial policy, by stabilizing the exchange rate and its black market control, and the reform of the banking system, especially the central bank.
- Attracting expatriate transfers through official channels to enhance foreign reserves from hard currencies.
- Support local communities to protect them from inflation and the repercussions of the structural transformation of economic liberation.
- Activating international financing through negotiating with institutions such as the International Monetary Fund and the World Bank, to obtain soft loans while ensuring their use in projects that enhance the productive capabilities of the Syrian economy.
- Drawing a realistic plan to reform the Syrian economy, not to rush to reform the public sector and ensure a gradual shift for those who are playing from state institutions as well as soldiers returning to civilian life and integrating them into the private sector.
Dr. Al -Jamus depends on the government’s lack of excessive international support, and a project similar to the “Marshall Project”, which will not be achieved unless the internal house is firm.
