Prices Rise in Syrian Markets by 30 Percent
Following an increase to the salaries of government employees, some stores have increased their prices by an equivalent amount reports Brocar Press.
Following an increase to the salaries of government employees, some stores have increased their prices by an equivalent amount reports Brocar Press.
President Bashar al-Assad has announced a pay rise for civilian and military employees reports SANA.
An economic expert has said that the policies of the government are misplaced and badly conceived and are contributing to the currency chaos writes Hashtag Syria.
The former Finance Minister Dr. Khalid al-Mahayni has spoken about the state budget for 2020 and the deficit writes Al-Watan.
At a session to discuss the draft state budget for 2020, some MPs were highly critical and sceptical of the numbers announced by the government writes Al-Watan.
Businessmen from eastern Ghouta, who were arrested by the regime, are being held for ransoms up to 50 million Syrian pounds reports Brocar Press.
The Katerji family has announced that it will invest 300 million dollars in a cement factory near Aleppo, strengthening their control over the provinces’ reconstruction reports Zaman Al Wasl.
The People’s Assembly discussed controlling the markets, decreasing prices and improving the quality of bread reports SANA.
Members of parliament have attack the government for failing to properly handle the economic situation in the country and failing to address the poor living conditions of citizens reports Al-Watan.
A ministerial delegation has inspected rebuilding projects, power stations and educational facilities in Raqqa and Deir ez-Zor The Syria Times.
It has been reported the regime loyalist Rami Makhlouf and a number of his siblings and managers have been placed under house arrest writes Al-Hal.
Despite the fact that over 10 percent of Syria’s engineers have left the country, the syndicate’s pension fund is receiving more contribution from private sector engineers writes Al-Watan.
The Syrian government has announced plans to rehabilitate schools in the Raqqa countryside with a fund of 3.7 billion Syrian pounds writes SANA.
The Education Minister has said that schools damaged by terrorism will be rehabilitated with a fund of 500 million Syrian pounds writes SANA.
Saad Zaqzaq, a commander in the National Defence militia has been accused of kidnapping, blackmail and looting the homes of residents reports Sowt al-Asma.
Families in Damascus are struggling to put food on the table during Ramadan due to the dire economic conditions that are plaguing the country writes Damas Post.
While the cost of daily goods has skyrocketed, wages in Syria have not changed, leaving many families struggling to make ends meet reports Asharq al-Awsat.
The regime has been warned that, if it lifts the subsidies on gasoline, then the cost of living, which is already too high for many, will rise further reports Al-Iqtissadi.
Much of the loss has been caused by their inability to operate, as well as attacks on facilities and the theft of machinery reports Damas Post.
The National Fund for Social Assistance hopes to secure a large number of public sector jobs for those who have completed their military service writes Al-Watan.
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