Economy

17-12-2001
In a speech to members of the National Progressive Front, the Syrian Prime Minister said that one of his government's priorities will be to clear the numerous obstacles that hinder private investment.
10-12-2001
Syrian President Bashar Assad granted on Tuesday Syrian public sector employees bonuses amounting to 50 of their monthly salaries, on the occasion of Eid al Futr, said SANA, the state news agency.
03-12-2001
The Syrian government is planning to merge the different agencies that are in charge of managing the public sector foreign trade, reported Al Sharq al Awsat.
03-12-2001
The latest figures released by the Syrian press give a more detailed look at next year's budget figures.
03-12-2001
In an interview to Al Hayat, Khaled al Mahayni, the Syrian minister of finance said that revenues from oil will make up 50.2% of the state expected revenues for next year.
03-12-2001
Syrian President Bashar Al Assad signed into effect a law yesterday creating an agency to battle the country's severe unemployment, which touches an estimated 20 per cent of Syria's job-age population, reported the Syrian Arab News Agency (SANA).
03-12-2001
Lebanon's parliament passed a law on Wednesday for the introduction of Value Added Tax (VAT), which is expected to significantly raise government revenues.
26-11-2001
Syria's parliament on Thursday passed a 2002 budget projecting expenditure of SYP356 billion (US$7.66 billion), a 10 percent increase on the previous year's spending, reported the Syrian Arab News Agency (SANA).
26-11-2001
The Syrian parliament is reviewing a government draft law to launch a SYP50 billion (US$1 billion) program to fight the nation's unemployment problem, reported Al Thawra.
19-11-2001
In its latest meeting, the Investment Higher Council gave the go ahead to over 102 projects for a total amount of SYP26.6bn (US$532 million), reported Al-Baath.
19-11-2001
The Saudi government is in talks with six Arab and Muslim states to sell off its stake in seven joint-venture companies, including the Saudi-Syria company for industrial and agricultural investment, said Al Mustaqbal.
19-11-2001
The Central Bureau of Statistics (CBS) revealed that GDP growth for year 2000 reached 0.6%.
19-11-2001
Issam al-Zaim, the Minister of Planning, said that Syria had no intention of privatising and had made the strategic choice of holding on to state assets in order to face a potential threat from Israel, reported Al-Hayat.
19-11-2001
The Central Bureau of statistics (CBS) released its latest figures on Syria's population, reported Al Mustaqbal.
19-11-2001
In its 2002 budget the Syrian government has allocated SYP20 billion (US$400M) for consumer goods subsidies and price control, said Teshreen.

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