In Syria, Assad's 4th term has officially begun

In Syria, Assad’s 4th term has officially begun


Bashar Assad, who has ruled Syria since 2000, started his fourth term with the oath ceremony held in the parliament. It was announced that Assad received 95 percent of the votes in the presidential elections held in May.

The West and the opposition, on the other hand, described the elections as illegitimate and theatrical possibilities.

SYRIA IS IN THE CLAW OF A SEVERE ECONOMIC CRISIS

However, in the country that has been in the grip of civil war for 10 years, Assad starts his new term with a heavy economic crisis. He also emphasized this in his speech at the swearing-in ceremony.

He said Syria has $40 to $60 billion frozen in Lebanese banks.

On the other hand, Syria was using Lebanese banks to circumvent embargoes against its country. When Lebanon entered the crisis, accounts were frozen and money transfers abroad were prohibited. Assad still has control of 70 percent of the country. However, there are serious economic problems in the country.

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