Preparations for 2014 Budget

Halqi has instructed the ministries and public institutions to “rationalize and adjust” expenditure

Prime Minister Wael Halqi has instructed the ministries and public institutions to “rationalize and adjust” their current investment expenditure.

 

Halqi said it was important that projects of big economic feasibility are carried out and completed at 60 percent.

 

Halqi was speaking during a meeting of the Supreme Economic and Social Planning Council to study the basis for preparation for the annual state budget for the year 2014, including revenue and current and investment approbations.

 

He called on ministries to double efforts to provide the Syrian citizens’ needs so as to be able to confront conspiracies targeting Syria.

 

Halqi highlighted the challenges and difficulties besetting the national economy under an unfair embargo and external sanctions, as well as terrorism and vandalism.

 

Halqi called for an end to waste on the foreign exchange, pointing to the economic measures and policies issued by the Monetary and Credit Council and the Central Bank of Syria to stabilize the Syrian pound exchange rate.

 

Translated and edited by The Syrian Observer

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