Syrian Economy To Grow, But Rapid Recovery Unlikely
Country Risk / Syria / Wed 06 Feb, 2019
Key View:
- We at Fitch Solutions have significantly revised up our real GDP growth forecasts for Syria, and now expect growth to come in at 5.8% in 2019, from 0.1% previously.
- Our stronger expectations are in large part due to a brighter outlook for private consumption and a likely uptick in fixed investment.
- We maintain, however, that a return