Syria’s uprising and war is estimated to have cost its economy some USD 100 billion by the first half of this year, according to a recent report.
The number of Syrian refugees has reached 2.18 million, or an increase of around 10 percent in the last month, according to the United Nations.
The ministry of economy has provided an update on the number of limited liability and joint-stock companies registered in the country.
The Syrian government has announced a sharp increase in the subsidized price of sugar and rice as it seeks to reduce its subsidy bill.
Syrian officials have laid the foundation stone and inaugurated three projects in the Lattakia province, including two in the town of Qardaha, for a total value of over SYP 1.1 billion.
Revenues generated by the customs department continue to decline this year as a result of the fall in Syria’s foreign trade activity.
The Syrian President has appointed a new governor for the province of Deir-ez-Zor, the third in only fifteen months.
The Syrian government has doubled its estimate of the damages suffered by Syria’s public sector and infrastructure as a result of the war, from only a few months ago.
Syria’s official inflation rate continued to increase last May, according to official data.
The Syrian President appointed on September 2 a new governor for the province of Hama.
The number of Syrians made refugees by the war gripping the country crossed the 2 million mark last week, the United Nations said.
Syria’s official inflation rate continued to increase in March and April although it remained well below unofficial estimates of the CPI.
A committee set up by the government has listed seven consumer products that will fall within an administratively-priced system that the government wants to introduce to rein in the impact of inflation on the population’s purchasing power.
The government is working to ensure steady food supplies at least until the first quarter of next year, a government official said.
Several key economic portfolios changed hands in a government reshuffle last week that testifies to the growing deterioration of the Syrian economy.
Syria: Progress & Potential
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