Syria’s inflation rate recorded a new height in August to stand at 39.50 percent on an annual basis.
Trade between Turkey and Syria, once buoyant, continued to fall in the third quarter of this year.
The Syrian minister of finance has said that his government was studying three options to finance its surging fiscal deficit, including borrowing from Russia and printing money.
The governorate of Damascus is raising a number of new taxes next year in a bid to generate revenues.
Syria’s budget is forecast to rise nominally by 4.3 percent next year, although in real terms it will drop significantly.
The following document is the text of the UN Security Council press statement issued on October 24 supporting the call for a ceasefire in Syria.
The Syrian President has issued a decree lifting all delay penalties on a debt owed by Cuba, provided the Caribbean country pays back the principal in cash or in kind.
Syria will hold by-elections on December 1 to fill five seats in Parliament to replace, among others, two defecting MPs.
The number of Syrian refugees crossed the 100 thousand mark last week in both Turkey and Lebanon.
The European Union has amended its blacklist of Syrian individuals and entities and issued new restrictions on Syrianair and on arms trade.
The forced landing of a Syrian commercial plane in Turkey last week has heightened tensions among the two countries and led to a twin airspace ban that will disrupt further Syria’s international transport links.
The number of investment projects licensed by the Syrian Investment Agency declined 74 percent in the first nine months of 2012 compared to the same period of last year.
The number of Syrians displaced as a result of the conflict engulfing the country has reached 3.2 millions, the Syrian Prime Minister said.
Customs fees generated by the Syrian government fell 18 percent in the first eight months of this year over a decline in foreign trade, according to the Syrian Customs.
The number of Syrian refugees is expected to rise to 700,000 by the end of the year, according to a new estimate by the United Nations refugee agency.
Food Expo 2011
Damascus International Fairground
Damascus 1st Tourism Shopping Festival