Country Policy Brief: Syrian Arab Republic
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While the share of agricultural expenditure in the national budget of Syria decreased from 4% in 2007 to 3.04% in 2009, the agricultural sector witnessed the strongest improvement in its growth rate. The plummeting growth rate of the Syrian agricultural sector between 2006 and 2007 started to improve from 2007, and then between 2008 and 2009 it almost recovered from -9% to more than 8% (IMF, 2010). This also meant that the agricultural sector’s contribution to GDP improved by 12% in 2009 (EIU, 2 010). Considering that the ratio of consumer price changes had peaked in Syria during 2008, it is interesting to see how agricultural policies have responded to that challenge. It is also important to envisage any potential changes or development in the agricultural sector in response to gradual but broadly ranged economic reforms, which are expected to bring more diversity and accelerated growth to Syria’s economy (IMF, 2010).