Government and Currency Depreciation Take Syria Back to Bartering Era
Iqtissad (Syrian economic magazine)
March 6, 2014
Syrian merchants are having to exchange goods instead of receiving cash for exports
Syrian merchants are having to exchange goods instead of receiving cash for exports
The U.N. resolution on humanitarian aid was passed on Saturday
Halqi said that the burden on government had become heavier recently
Halqi said the government is also increasing aid and reconstruction budget allocations
Behind the awful brutality of the fighting in Syria is the unseen abuse of political detainees – arrested, tortured, and even killed for peacefully criticizing the government or helping people in need. Arbitrary detention and torture have become business as usual for Syrian security forces.
Halqi said the international community is averse to a military solution
Halqi has instructed the ministries and public institutions to “rationalize and adjust” expenditure
Four million Syrians are unable to secure their nutritional needs. A WFP report also indicates a 40 percent decline in wheat production from 4.5 million tons in 2012 to 2.4 million tons this year
Collapsing agricultural sector leaving thousands without food
The public opinion in many countries has become aware of the misleading role of media in reporting the events in Syria, says PM
According to a report prepared by Sandra Sinno, a consultant at ESCWA, deposits moved to Lebanese banks from Syria have so far amounted to $11 billion
Government financing projects from reserve currency
Sources said Makhlouf, who is a cousin of Bashar Assad, has sent a message to the Cyprian government via his legal representation
Syria’s Health Minister urged the World Health Organization (WHO) to assist in lifting economic sanctions against Syria
The government on Tuesday responded to the European Union decision to ease the oil embargo on Syria with the aim of helping rebels fighting President Bashar al-Assad’s regime.
The easing of the oil embargo by the EU is aimed at helping rebels fighting President Bashar Assad’s regime.
Aref Dalilah, a Syrian economist, has said that Syria’s losses in the past 22 months reached $200 billion and that rebuilding the country would take 25 years.
Syria is frustrated from the persistence of certain countries to refer the situation in Syria to the International Criminal Court (ICC), Syria’s Ministry of Foreign Affairs has said. It added that Syria shares those countries’ concern over the developments of humanitarian situation in Syria and the human rights violations committed by the armed terrorist groups.
Syria labels the International Commission of Inquiry report as “unprofessional and biased,” and says the information were provided to the commission by one side without verifying their validity and in a way that lacks professionalism and neutrality,”
Syrian Prime Minister told the Syrian (Parliament) the government is working to find solution and take steps to provide citizens’ needs and carry out essential plans and projects.
