Syria's Islamist rulers overhaul economy with firings, privatization of state firms
Syria's new Islamist leaders are undertaking a radical overhaul of the country's broken economy, including plans to fire a third of all public sector workers and privatising state-run companies dominant during half a century of Assad family rule.
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The pace of the declared crackdown on waste and corruption, which has already seen the first layoffs just weeks after rebels toppled Assad on Dec. 8, has triggered protests from government workers, including over fears of a sectarian jobs purge.
Reuters interviewed five ministers in the interim government formed by former rebel group the Islamist Hayat Tahrir al-Sham (HTS). All described the wide scope of plans to shrink the state, including removing numerous «ghost employees» — people who got paid for doing little or nothing during Assad's rule.
Under Assad and his father, Syria was organized as a militarised, state-led economy that favoured an inner circle of allies and family members, with members of the family's Alawite sect heavily represented in the public sector.
There is now a major shift to «a competitive free-market economy,» Syria's new economy minister, 40-year-old former energy engineer Basil Abdel Hanan, told Reuters.
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