Three months after Syria’s 14-year-old civil war ended, and as the holy month of Ramadan begins, euphoria is being replaced by anger at the continuing atrophying of the economy and at the apparent inability of the new government to reverse it.

In a major shift in policy, the United Kingdom has lifted sanctions on Syria’s central bank and several other financial institutions. This decision comes after more than a decade of strict restrictions imposed during Syria’s civil war.

Britain unfroze the assets of Syria's central bank and 23 other entities including banks and oil companies on Thursday, reversing sanctions imposed during Bashar al-Assad's presidency. The West is ret

The UK removed the Syrian central bank and 23 other entities from a list of sanctioned institutions, a recognition of the country’s new administration following the overthrow of former President Bashar Al-Assad.

Britain on Thursday removed 24 Syrian entities from its sanctions list and unfroze their assets, including the Central Bank of Syria, other banks and petroleum companies. The West is rethinking its approach to Syria after insurgent forces led by the Islamist Hayat Tahrir al-Sham ousted Bashar al-Assad as president in December.