Syria’s al-Bashir Vows to Rebuild but Faces Cash Crunch

People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
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Syria’s al-Bashir Vows to Rebuild but Faces Cash Crunch

People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir

Syria's new interim prime minister said he aimed to bring back millions of Syrian refugees, protect all citizens and provide basic services but acknowledged it would be difficult because the country lacked foreign currency.
"In the coffers there are only Syrian pounds worth little or nothing. One US dollar buys 35,000 of our coins," Mohammed al-Bashir told Italian newspaper Il Corriere della Sera.
"We have no foreign currency and as for loans and bonds we are still collecting data. So yes, financially we are very bad."

Bashir ran the Salvation Government in a tiny pocket of northwestern Syria, before the 12-day lightning offensive swept into Damascus and toppled President Bashar al-Assad.

Rebuilding Syria will be a colossal task following a civil war that killed hundreds of thousands of people. Cities have been bombed to ruins, swathes of countryside depopulated and the economy gutted by international sanctions. Millions of refugees still live in camps after one of the biggest displacements of modern times.

 



Airlines Including Lufthansa Cautiously Plan to Resume Some Middle East Flights

An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024. REUTERS/Jon Nazca/File Photo
An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024. REUTERS/Jon Nazca/File Photo
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Airlines Including Lufthansa Cautiously Plan to Resume Some Middle East Flights

An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024. REUTERS/Jon Nazca/File Photo
An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024. REUTERS/Jon Nazca/File Photo

Germany's Lufthansa Group is set to resume flights to and from Tel Aviv in Israel from Feb. 1 and Wizz Air restarted its London to Tel Aviv route on Thursday, the companies said following a ceasefire agreement between Israel and Hamas.

Many Western carriers cancelled flights to swaths of the Middle East in recent months, including Beirut and Tel Aviv, as conflict tore across the region. Airlines also avoided Iraqi and Iranian airspace out of fear of getting accidentally caught in drone or missile warfare.

Wizz Air also resumed flights to Amman, Jordan starting on Thursday from London Luton airport.

Lufthansa Group carriers Brussels Airlines, Eurowings, Austrian Airlines and Swiss were included in Lufthansa's decision to resume flights to Tel Aviv.

Ryanair said it was hoping to run a full summer schedule to and from Ben Gurion airport in Tel Aviv in an interview with Reuters last week, before the ceasefire deal was announced.

In the wake of the fall of the Assad regime in Syria, Turkish Airlines said it would start flights to Damascus, the Syrian capital, on Jan. 23, with three flights per week.

CAUTIOUS RETURN

But airlines remain cautious and watchful before re-entering the region in full, they said.

British carrier EasyJet told Reuters it welcomed the news of the Gaza ceasefire and would review its plans in the coming days.

Air France-KLM said its operations to and from Tel Aviv remain suspended until Jan. 24, while its flights between Paris and Beirut will be suspended until Jan. 31.

"The operations will resume on the basis of an assessment of the situation on the ground," it said in a statement.

The suspension of Lufthansa flights to and from Tehran up to and including Feb. 14 remains in place and the airline will not fly to Beirut in Lebanon up to and including Feb. 28, it said.