In a bid to limit rapidly declining fiscal revenues, the government has offered taxpayers a relief from penalties and other interest payments on arrears provided the taxes be paid by the end of this year.
The few large private sector investments still being established in Syria remain concentrated in the coastal area and around Damascus, data from a licensing body shows.
The Syrian President has issued a decree nominating five new Governors in Lattakia, Tartous, Aleppo, Idlib and Quneitra.
Syrian businessman George Obegi passed away last week following a plane accident off the Cypriot coast.
A bilateral meeting by members of the Syrian and Russian governments in Sochi last week failed to reach an agreement on a USD 1 billion loan by Moscow, according to various reports.
The Official Journal of the European Union has published the names of the 16 individuals and two entities blacklisted last week by the European Council, confirming that the focus of western sanctions remains Syria’s oil sector.
Syria’s exports are currently at some 10 percent of their level four years ago, the head of a government body said.
The administration of the Bab Al-Hawa border crossing between Turkey and Syria, which is in the hands of forces affiliated to the opposition, has denied rumours that it had raised transit fees.
The National Coalition, Syria’s main opposition grouping, last week reappointed Ahmad Toumeh as Prime Minister of the Interim Government.
The U.S. Government has blacklisted several companies based in Cyprus and Lebanon for providing material support to the Syrian Government.
Wael Halqi, the Syrian Prime Minister, inaugurated last week several upscale retail and tourism projects in Tartous worth a combined USD 100 million amid an outcry from regime supporters.
The launch of air strikes by U.S forces has led to the destruction of Syrian oil and food storage assets.
Syria’s trade with Turkey increased in the first half of this year compared to the same period of 2013.
The institution in charge of Syria’s public sector pensioners is paying monthly pensions to some half a million individuals, according to its director-general.
Food aid distributed to millions of Syrians in need of help will be slashed by 40 percent starting October because of a lack funds from donor countries, according to a UN official.
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