The Syrian government announced plans to restructure the economy, claiming it will lead to prosperity. However, many ordinary Syrians report worsening living conditions. Kanan Abdullah, a driver in Damascus for 12 years, expressed difficulties in making ends meet due to recent fuel price increases. "You're left with almost nothing at the end of the day," he stated. Local residents share similar concerns, noting that transportation costs are consuming a significant portion of their income.
In mid-September 2026, the Syrian government raised fuel prices, with diesel increasing by 40%. The energy ministry attributed these changes to higher global fuel costs and local shortages. This decision sparked widespread protests, marking some of the most significant civil unrest since the Assad regime's rise to power in late 2024. While fuel prices are comparable to those in neighboring countries, experts suggest that lower purchasing power exacerbates the situation for Syrians. Demonstrators have called for the dismissal of politicians they blame for the economic challenges.
The protests have since diminished as the government announced plans to subsidize diesel for essential sectors. However, inflation continues to pressure citizens, with the Syrian Center for Policy Research reporting a nearly 25% increase in prices from July 2025 to July 2026, particularly affecting essential expenditures like housing and utilities.
Alaa Sndyan, an architect in Damascus, remarked on the disconnect between income and rising prices, stating, "There is no sensible correlation between the income an individual earns in Syria and the prices they're paying." Kamar Kasoum, a local mother, added that families are struggling to prioritize basic needs.
Despite reports of international investments and projected economic growth, many Syrians feel excluded from this prosperity. President Ahmad al-Sharaa recently predicted the economy would reach approximately $50 billion in 2026, up from $20 billion in 2024. However, Sndyan expressed skepticism about who truly benefits from these developments, suggesting they cater primarily to the affluent class.
Criticism of the government's economic strategy has emerged from various quarters, including concerns about crony capitalism and the prioritization of military funding. Reports have highlighted luxury real estate projects in a country facing a housing crisis, raising questions about accessibility for the average citizen.
Analysts warn that the current neoliberal reforms could exacerbate social inequalities, potentially leading to unrest similar to that seen in 2011. Polling data indicates declining public confidence in the government's handling of economic issues, with only 13% of respondents believing sufficient action is being taken to address rising energy and food prices.
Experts emphasize that true economic success should be measured by rebuilding trust and capacity within society, rather than solely focusing on fiscal metrics. Karam Shaar, director of Karam Shaar Advisory, noted the need for improved transparency and governance in the government's approach to economic policy. He expressed cautious optimism that the authorities may recognize the need for change.