Business
Syrian consumers willbenefit but must beware
Ali Khwanda
A midst the rapid changes that Syria is currently experiencing, there are significant developments in the local economy that will have a profound impact on the advancement and well-being of the Syrian citizen. Two of the most important changes are the introduction of credit into the main-stream popular financial mechanisms and the impending establishment of a local stock market. These two events will forever change Syria’s economic dynamic which has up until now been almost exclusively fueled by cash and will create a marketplace where Syrian citizens can choose to be both end-users as well as shareholders in the companies that drive their economy.