Syria tightens spending as reconstruction demands grow

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Syria is tightening public spending and reprioritizing investment projects after public finances recorded a deficit of about $1 billion in the first half of 2026, amid rising energy, transport and basic-needs costs. The presidency directed ministries, following a Finance Ministry proposal, to cut non-essential expenditures and review projects based on necessity, completion rates and expected impact. Salaries, wages and essential spending on health, education, water, energy, security, public safety and maintenance were exempted. Essential Services Remain Protected The Finance Ministry said the …