Syria’s Assad regime cuts subsidies, focuses ailing economy on war effort

November 29, 2014 11:40 PM

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Syria’s Assad regime cuts subsidies, focuses ailing economy on war effort

BEIRUT — Syria’s economy is in a tailspin, and the regime of President Bashar al-Assad is increasingly struggling to find resources to quash the four-year-old rebellion, analysts say.

The government has had to scale back subsidies for citizens for goods ranging from water to heating oil over the last six months. That has angered Syrians, who already face crippling inflation, 50-percent unemployment and wide-scale damage to industry caused by the civil war. In addition, power outa...

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