Economy

19-06-2002
Syria is to unify the different currency rates it applies to its imports.
27-05-2002
The increase in the price of heating oil was brought down to SYP140 per twenty litres, after it was set at SYP169.
17-05-2002
Syria hiked fuel prices on Tuesday 14, including a 20 percent rise in gasoline prices, a 38 percent increase in heating oil prices and a 33 percent growth in cooking gas prices.
14-05-2002
In its semi-annual survey on the country risk of 185 countries, Euromoney magazine ranked Syria in 94th place worldwide and 14th among 18 countries in the Middle East and North Africa region.
14-05-2002
A 20 percent rise in the salaries of all state civil and military employees will take effect starting June 1.
13-05-2002
Kuwait's National Investments Company has announced that it has established a joint holding company with a capital of KWD30 million (USD98 million) to invest in Syria.
07-05-2002
Trade between Lebanon and Syria grew to USD363 million in 2001, a 17 percent increase on the previous year's USD309 million figure.
07-05-2002
In order to create 1.2 million jobs in the coming five years, Syria will need to invest no less than USD24 billion.
02-05-2002
The Kuwait Fund for Arab Economic Development has approved a USD100 million to the programme to fight unemployment in Syria.
29-04-2002
In a bold intervention, Ghassan al-Rifai, Syria's minister of economy, said that economic reforms in the country are facing in every place and at every time an unabated resistance.
26-04-2002
The European Union representation in Damascus announced Thursday that the EU would grant EUR93 million (USD83 million) to Syria over three years, from 2002 to 2004.
02-04-2002
Syria's customs department is gathering information and studying various projects in several countries in preparation for the introduction of an electronic Customs system in the country.
26-03-2002
The Investment Higher Council (IHC) gave its go ahead to over 131 new project applications that should give rise to SYP4.6 billion (USD92 million) worth of investment.
25-03-2002
A seminar on demographic changes was held Saturday 23 in Damascus by the UN and the French institute for demographic studies (INED).
09-03-2002
Syria's economy grew by 5.9 percent in 2001, from SYP897 billion (USD17.94 billion) in 2000 to SYP950 billion (USD19 billion) last year.

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