No Cut in Bread Allocations in Syria: Trade Minister
The government of the regime has given up on its plan to cut bread allocations to avoid widespread unrest in Syria, according to Zaman al-Wasl.
The government of the regime has given up on its plan to cut bread allocations to avoid widespread unrest in Syria, according to Zaman al-Wasl.
As the economic conditions in Syria worsen, the government has decided a sharp increase in the prices of diesel and bread, but also of minimum wage, Asharq al-Awsat reports.
A Syrian MP has called for an increase in salaries in the public sector, despite resistance by the Finance minister, according to Athr Press.
As the Syrian election comes to an end, some problems that had temporarily disappeared seem to have reemerged in areas held by the regime according to SY-24.
Low rainfall and higher temperatures combined with government neglect are destroying wheat crops in Syria, writes North Press.
Regime forces have been ordered to vote for Assad with their blood, according to Enab Baladi.
Observers remain divided over the justification surrounding former central bank governor Hazem Karfoul’s dismissal, writes Baladi News.
The costs of once popular dishes have become unaffordable for most Syrians, opposition website Iqtissadi reports
Banking sector assets have grown by around 97 percent, writes Al-Watan.
Gasoline and gas cylinders are set to increase in price as subsidies are jettisoned, writes Sowt Al-Asima.
The government will soon unleash a stimulus package for public sector workers and soldiers valued at 120 billion Syrian pounds, writes Asharq Al-Awsat.
The Syrian pound continues its devaluation course against the dollar, while the price of gold reaches 13,000 pounds, reports Sowt Al-Asima.
Assad plans to raise the Industrial Bank’s capital to 14 billion Syrian pounds, according to SANA.
An anti-money laundering commission has pledged to clamp down on illegal currency vendors, reports Etihad Press.
Syrian authorities have been instructed to repay billions of pounds worth of outstanding debt belonging to military servicemen, reports the Syria Times.
The Central Bank has announced the release of the new 5,000 Syrian pound banknote, which they say will meet the needs of the market writes SANA.
It has been speculated that a 5,000 Syrian pound bank note will soon be issued, but it is feared that the issuing will lead to inflation reports Etihad Press.
There are concerns that Syria’s wheat yield will be lower than expected, amid a shortage of diesel and rain reports Enab Baladi.
President Assad has decreed that a one time grant to civil and military employees and pensioners writes SANA.
Ongoing economic problems have forced women and children to join the employment market, but salaries are not meeting the cost of living writes Iqtissad.
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