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The Syrian conflict has reached a stalemate and President Bashar al-Assad‘s government will call for a ceasefire at a long-delayed conference in Geneva on the state’s future, the country’s deputy prime minister has said in an interview with the Guardian.

Qadri Jamil said that neither side was strong enough to win the conflict, which has lasted two years and caused the death of more than 100,000 people. Jamil, who is in charge of country’s finances, also said that the Syrian economy had suffered catastrophic losses.

Meanwhile, he said, the Syrian economy had lost about $100bn (£62bn), equivalent to two years of normal production, during the war.

If accepted by the armed opposition, a ceasefire would have to be kept “under international observation”, which could be provided by monitors or UN peace-keepers – as long as they came from neutral or friendly countries, he said.

Leaders of Syria‘s armed…

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