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Opportunities and Challenging Constraints

Opportunities and Challenging Constraints

November 2010

Written by : Nabil Sukkar Ph.D.
Publication : Syria Today

Syria is in the midst of implementing far-reaching economic reforms as it adapts to a social-market economic system, while simultaneously tackling problems such as the growing budget deficit and rapidly declining oil reserves.

Public-Private Partnerships (PPPs) could play a key role in achieving the country's economicand social-development objectives. The use of PPPs in Syria's future infrastructure projects, in particular, will enhance growth, create employment and increase local demand while simultaneously providing efficient, low-cost and reliable services. They will also enable the government to allocate more of its financial resources to social-development projects.

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