Assad Submits 2016 Draft Budget to People’s Assembly

New 2016 state general budget calls for 1.98 trillion Syrian pounds

President Bashar al-Assad submitted the draft state general budget for 2016 to the People’s Assembly, calling for a budget of 1.98 trillion Syrian pounds (10.4 billion USD).

The draft budget, along with government-backed financial data and budget schedules, were discussed by the Cabinet at its weekly session last Tuesday.

Syria’s state general budget for 2015 was 1.55 trillion Syrian pounds (8.2 billion USD).

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